Kaduna State Governor, Mallam Nasir El-Rufai, has affirmed the adoption of the Contributory Pension Scheme (CPS) by Kaduna state government will ensure timely payment to every qualified person that worked in the public service of the state. This was aimed at ensuring that every qualified person that worked in public civil service receives their benefits as at when due.
The governor, who gave the assurance in an opening remark at the flag-off ceremony of the sensitization programme on the Contributory Pension Scheme in Kaduna Thursday, said the scheme came into being in Kaduna state with the enactment of Kaduna state Pension Law No. 4 of 2016.
Represented by Secretary to the State Government, Alh. Abbas Lawal Balarabe, the governor stated that the law provided that employer would contribute a minimum of 10%, while employee would contribute 5% of their monthly emoluments. He said the adoption of the scheme in Kaduna was in line with the reforms introduced by federal government upon realization of the fact that the Pay-As-You-Go pension system had become burdensome and unsustainable, because the funding had the state government shouldering 100% and dependent on budgetary provisions.
This hectic situation, according to him, was further compounded by periodic pension increase, which had led government and some statutory corporations into arrears of gratuity and pension running into billions of Naira.
“It is in the light of these problems that the Pension Reform Act 2004, which is contributory in nature, was fashioned out by federal government and adopted in the state to alleviate multiple of problems that characterized the existing pension system,” said the governor.
He, therefore, enjoined public servants, particularly pensioners and prospective pensioners to understand as well as appreciate and support the scheme towards actualizing the purpose for which it was established, and assured of government’s unflinching commitment towards ensuring the wellbeing of public servants.