Three states non-committal to CPS

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Matthew Otoijagha

Abia, Ebonyi and Imo states have been enlisted among poor performing and non-compliant sub-nationals on the Contributory Pension Scheme (CPS), currently at N8.2 trillion.

The development portends gloomy future for the states’ workers from their active years to retirement, even as their monthly wages are not only uncertain, but future savings- pension, are not guaranteed.

The National Pension Commission (PenCom), which affirmed the ugly development, had earlier lamented that some states are worse in breaching the constitutional rights of workers.

The Acting Director-General, PenCom, Aisha Dahir-Umar, spoke at the Third Quarter 2018 Consultative Forum for states, in Lagos, said the non-complying states have been causing hitches in actualising some of the objectives of the scheme.

“The commission respects that constitutional rights that has been given to states, but the law also gave us the power to help guide states, should they want to move from their Defined Benefit Scheme to the CPS.

“The invitation was not only for states that are implementing the CPS, but also for states that are reluctant, perhaps, because they have doubts or are ignorant. When they attend a forum like this, they are able to share ideas with those states that are already implementing the scheme,” she said.

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