Monday, 4 January 2016

Benue Set To Embark On New Housing Scheme For Civil Servants

The Benue State Government has concluded plans to embark on owner occupier housing scheme for civil servants in the state this year.



Governor Samuel Ortom who made this known while presenting the 2016 appropriation budget to the state House of Assembly said the gesture was to ensure that many civil servants own their own houses before retirement from service.

“Ownership of a house by a civil servant prepares him or her for retirement better than when he or she retires and starts looking for an apartment to rent and stay with the family.”

Ortom who disclosed further that the housing scheme would be built using mortgage financing stated further that his administration would embark on pension reforms in a bid to finding a lasting solution to the protracted problem of pension in the state.

The governor, who disclosed that the state now owed retirees at both the state and local government levels huge amount of pension arrears, said the national pension law would be domesticated in the state.

He informed further that a pension reform committee would be set up in the state to advise government on how to quickly clear the huge pension and gratuity arrears.

“Our goal is to put in place a very sustainable pension policy. A good pension policy allows civil servants access to their pensions as soon as they retire from service,” the Governor said.


http://sunnewsonline.com/new/benue-govt-to-embark-on-new-housing-scheme-for-civil-servants/

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