Controversy over pension, gratuity now put to rest, says Labour

 

 

By VICTOR AHIUMA-YOUNG

ORGANISED Labour in the nation’s Power Sector, has said the controversy over the continuity of gratuity after the enactment of the Pension Reform Act (PRA) of 2004 which gave birth to the Contributory Pension Scheme, CPS, has now been rested following the agreement reached with government on the payment of pension and gratuity to Power Holding Company of Nigeria, PHCN, workers.

Before the agreement ahead of the privatization of PHCN’s assets, there had been a fierce debate between government/employers and organized labour on whether or not PRA 2004 abolished gratuity

Under the umbrella of the National Union of Electricity Employees, NUEE, labour argued that following the agreement, employers who had mischievously contested that the PRA 2004, had abolished gratuity, even when the PRA did not say such, should now do the right thing by paying their workers pension and gratutiy.

 

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