By Alltimepost.com
Benin City, Nigeria – Edo State Governor, Mr. Godwin Obaseki has appointed 15 pension fund administrators to undertake the enrolment of employees in the state public service, fulfilling his budget speech promise that the contributory pension scheme would commence in 2017.
According the press statement released by his Chief Press Secretary (Interim), Mr. John Mayaki
the governor has appointed the following companies for the scheme:
(i) Aiico Pension Managers Limited
(ii) ARM Pension Managers (PFA) Limited
(iii) Crusader Sterling Pensions Limited
(iv) Fidelity Pension Managers Limited
(v) First Guarantee Pensions Limited
(vi) Future Unity Glanvils Pensions Limited
(vii) Leadway Pension PFA Limited
(viii) Leadway Pension PFA Limited
(ix) Legacy Pension Managers Limited
(x) Pensions Alliance Limited (PAL)
(xi) Sigma Pensions Limited
(xii) Stanbic IBTC Pension Managers Limited
(xiii) Premium Pension Limited
(xiv) OAK Pensions
(xv) Trust Fund
In addition, an executive bill for the amendment of the pension law has been proposed to the Edo State House of Assembly, according to the statement.
Governor Obaseki said the scheme, which is aimed at mitigating challenges faced by workers, is to commence this month.
Meanwhile, the governor also revealed that government would resolve teething key issues identified in the payment of pensions and gratuities adding that, “The issue of pension is one that we will deal with”
The government, he said has made provision in the budget for the scheme, with the contribution of 10 per cent by government and 8% per cent by behalf of workers.
The Governor however called on workers and other relevant stakeholders to support government in the actualization and realization of this scheme for the benefit of all.
