Pensioners Anticipate Possible Raise as National Salaries Commission Explores Options

Pensioners across the nation may see an increase in their pensions next year, as disclosed by the National Salaries, Incomes, and Wages Commission (NSIWC).

The commission shared this information during a meeting with the executive committee of the Nigeria Union of Pensioners Nationwide.

The NSIWC conveyed its commitment to pursuing the report it submitted to the Federal Government regarding the pensions of retirees.

The chairman of the commission, Ekpo Nta, addressed the pensioners’ queries during their courtesy visit, where he interacted with the union’s chairman, Samuel Adewale.

In a statement released on Friday by Emmanuel Njoku, the head of the Press Unit at the commission, it was revealed that the NSIWC had submitted a report on pension harmonization to the government in May 2023.

The report considers inputs from various stakeholders, including pension unions, and takes into account the availability of funds.

The statement reads, “The chairman of the commission informed his guests that the commission had forwarded to the government sometime in May 2023 its report on the harmonization of pensions for consideration after synthesizing inputs from relevant stakeholders, including pension unions, and the availability of funds, and that the commission was regularly following this up since it would have a bearing in considering pension increases in 2024.”

Pensioners, eagerly awaiting positive outcomes, are hopeful that the commission’s efforts will contribute to an improvement in their pension conditions in the upcoming year.