Business News

Abia State to launch new contributory pension scheme for civil servants 

The Abia State Government plans to implement a Pension Contributory Scheme for its civil servants, revealed Mr. Okey Kanu, the Commissioner for Information and Culture.  

This announcement was made at a press briefing following the State Executive Meeting in the Government House, Umuahia, on Tuesday. Kanu noted that significant strides have been made in preparing for the transition to the new scheme.  

Kanu conveyed the state government’s commitment to implementing measures aimed at streamlining the pension payment process, thereby providing pensioners with a sense of inclusion.  

He revealed that the government had issued a directive mandating the payment of pensions on the 28th of each month, aligning with the payment schedule for the state’s civil servants.