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Defunct PHCN retirees cry over unpaid benefits


Vanguard News
Defunct PHCN retirees cry over unpaid benefits
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Defunct Power Holding Company of Nigeria, PHCN, pensioners, under the aegis of Concerned Pensioners, CPP, have appealed to the Federal Government to intervene over shortfalls in payment of their pension benefits by the Nigeria Electricity Liability Management Limited, NELMCO.
The CPP alleged unethical practice by NELMCO in shortchanging the retirees in payment of pension benefits.
CPP Secretary, Mr Julius Ayodeji, said some of the pension benefits, harmonisation, monitisation and electricity rebates, were trapped in NELMCO.
Ayodeji said NELMCO officially transferred pension payment obligations to Pension Transitional Arrangement Directorate, PTAD, in July 2014, however, the Budget Office remitted arrears to NELMCO instead of PITAD, thereby causing administrative conflicts. ....

Muhammadu Buhari , Julius Ayodeji , Goodluck Jonathan , Abdulsalami Abubakar , Olusegun Obasanjo , Nigeria Electricity Liability Management , Budget Office , Defunct Power Holding Company Of Nigeria , Kindly Share This Story , Power Holding Company , Concerned Pensioners , Federal Government , Nigeria Electricity Liability Management Limited , Pension Transitional Arrangement Directorate , President Goodluck Jonathan , President Abdulsalami Abubakar , President Olusegun , President Muhammadu Buhari , Share This Story , ஜூலியஸ் அயோடிஜி , குட்லக் ஜொனாதன் , நைஜீரியா மின்சாரம் பொறுப்பு மேலாண்மை , பட்ஜெட் அலுவலகம் , செயலிழந்தது பவர் வைத்திருத்தல் நிறுவனம் ஆஃப் நைஜீரியா , கைஂட்லீ பகிர் இது கதை , பவர் வைத்திருத்தல் நிறுவனம் ,