Contributory Pension: Ogun Workers Reject Scheme, Call For Dialogue
Organized labour in Ogun State has rejected the planned full implementation of the controversial Contributory Pension Scheme by the state government.
The controversial scheme is scheduled for full implementation on July 1, 2025.
Initially, the workers in the state have expressed their concerns over the savings scheme which it's introduction had witnessed series of setbacks in the state.
But the Labour Unions, arising from meetings held with all affiliates and organs of the Organised Labour on the Contributory Pension Scheme announced the rejection of the full implementation in the State.
State's Chairman of the Nigeria Labour Congress (NLC), Hammed Ademola-Benco, his Trade Union Congress (TUC), Comrade Akeem Lasisi and JNC Chairman, Comrade Isa Olude, in a communique issued at the end of the meeting in Abeokuta, the state capital.
The union leaders explained that a total of N82 billion was remitted to the appropriate quarters in the past 17 years.
They added that the indications have revealed that the Ogun State government is not ready for the implementation of the scheme.
"We had considered it necessary to inform the public of our rejection of full implementation and postponement to a later date when all administrative and financial necessities are in place. By all means and purposes, it is very clear to us that Ogun State Government is not prepared to die on the expectations of the Contributory Pension Scheme.
"As stated in our correspondences on the issue to the State Government, the inconsistencies in the implementation of the OGSPRL 2008 (amended 2013) include:
1. Non-existent of State Bureau of Contributory Pension;
2. Non-Existent of mandatory Contributory Pension Board;
3. Non-Existent of comprehensive Register, and, or database on Contributory Pension;
4. Non-Existent of actuarial valuation of past services of all Public Servants;
5. Non-Existent mandatory Life Insurance policy for Workers supposedly on CPS;
6. Non remittance of over Eighty-Two billion (#82 billion) naira deducted from Workers in the last Seventeen (17) years to Pension Funds Adminisrators, (PFA);
7. Non remittance of similar figures in (vi) above in the last Seventeen years as the State Government counterpart fund to PFAs.*, they concluded.
The Labour Unions, however, said the Workers in the State demanded for the suspension of the Ogun State Pension Reform Law, (OGPRL) and call for dialogue with the State Government within the next 72 hours.