FG set up committee to resolve Pension liabilities … names Adeosun chairman
President Muhammadu Buhari has set up an inter-ministerial committee saddled with reconciliation of outstanding pension liabilities of civil servants.
A statement by the Media Adviser to the Minister of Budget and National Planning, Mr. Akpandem James, the committee was expected to proffer solutions to the lingering problems in the pension system.
The statement named the Minister of Finance, Mrs. Kemi Adeosun, as the chairman of the committee.
Other members include a representative of the Secretary to the Government of the Federation; representative of the Head of Service of the Federation; Accountant General of the Federation, Ahmed Idris; and Director-General, Budget Office, Ben Akabueze.
Others are the Director-General, National Pension Commission, Chinelo Anohu-Amazu; and Director-General, Pension Transition Arrangement Department, Mrs. Sharon Ikeazor, who will act as the secretary.
The committee, according to the statement, is saddled with the responsibility of reviewing and reconciling all pension liabilities of the Federal Government, and make recommendations as to what portion of the liabilities can be funded through budgetary appropriations.
It will also suggest creative ways of funding the balance and will conclude its assignment within four weeks after which a report will be sent to the President.