Kano Pension Board Clears N21bn Of Inherited N48.6b Debt
about 200 to 300 retirees, the pressure is mounting,” he said.
In spite pf the challenges, he expressed optimism, citing recent increases in public sector salaries and upcoming mass employment plans by the state government as potential boosts to pension contributions.
“Our biggest challenge now is the surge in gratuity and pension obligations due to increased retirement benefits. But with continued reforms and support from the government, we believe we are on a sustainable path,” he said.
Describing the pension board office as a “hospital of last resort,” Fagge shared stories of desperate pensioners seeking funds for hospital bills, rent and basic sustenance.
“Our concern is the people’s concern. We are working to ensure that no pensioner is left behind. By God’s grace, we are seeing light at the end of the tunnel,” he added.
