Naira rain for pensioners in Imo State

The story of Imo State Pensioners have dramatically changed as the Governor, Owelle Anayo Okorocha has recently released more than expected fund to offset their arrears of pensions.

In Statement made available to the public from the office of the Principal Secretary to the Governor DR Paschal Obi, The governor approved the release of N5.8 billion for the payment of pension arrears in the state so as to cater for months of pension arrears, it has been seen as a positive develop that has put smiles on the faces of pensioners in the state.

The  release by the principle secretary to the governor DR  Obi says all state and local government  pensioners who earn N10.000 monthly are to get three months arrears and the remaining balance spread across 36 months  in effect they shall be receiving one month along with their current  monthly pension until their arrears are liquidated.

Thursday November 19^th 2015 retired primary school teachers whose pension fall between 10 to 50,000 Naira shall collect 50 percent. The balance which is to be spread over 36 months shall continue to be cleared  on monthly basis as current pensions are paid each month.

On Friday 20^th November 2015 , will be for retired primary school teachers who earn above 50 percent of their total arrears, while the balance is to be paid over 36 months periods  with one month arrears to be during  along their current pension.

The statement further advised the pensioners  to come to the payment centers that is their various local government council headquarters with necessary documents to facilitate their identification and payment.

It noted that only duly verified pensioners are allowed at the pension centers  as adequate security has been put in place to apprehend impersonators for prosecution.

The release said that government is aware that some pension were not captured during the verification  exercise due to one reason or the other , the governor allays fears of such senior citizens, as he has approved a high powered committee to diligently verify them for payment commencing on Monday 23^rd November 2015.