Home » NUP, FAAN settle dispute over pension adjustment

NUP, FAAN settle dispute over pension adjustment


.. To begin payment March

The Nigerian Union of Pensioners (NUP) , Federal Airports Authority of Nigeria (FAAN) branch and its management has reached an accord on the  implementation of Consequential Salary /Pension Adjustment (CPA)

Investigations  reveal that an implementation committee is to be set up comprising two members of NUP, two representatives of the director of finance FAAN, a representative of the audit department and three from the human resources and administration directorate.

They are to draw up a template for the Consequential salary /pension adjustment as concrete evidence, provide evidence of progress implementation from various directorates within two weeks in March 2022

Based on this development, the NUP which had earlier threatened protests across the country’s airport decided to suspend it. The protest was expected to have taken place 1st March, 2022.

Recall  that NUP FAAN branch last year blocked FAAN entrance while protesting against the non implementation of their consequential pension adjustment CPA

NUP general secretary, Comrade Emeka Njoku then told journalists that series of meetings were held between them and the management of FAAN without positive results

In September 2021,FAAN management agreed to commence payment in January 2022 but failed to meet up. With this, the NUP gave an ultimatum to FAAN to pay on or before 1st March 2022 and a meeting was brokered while the protest was shelved.

The NUP however vowed to begin protest without notice within two weeks if the management of FAAN failed to commence payment as agreed .

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