Business
It’s unjust for First Bank to deny us our entitlements after 35 years of meritorious service – Retired employees lament
The National Union of Pensioners, First Bank of Nigeria Unit, has accused First Bank management of refusing to comply with court orders, ignoring pension reforms and disregarding signed agreements.
The National Chairman of FBN Unit, Gimbason John, made this claim in a statement made available to our reporter.
Decrying the alleged refusal of the bank to sufficiently pay their retirement benefits, the former bankers said it was unjust for the commercial institution to neglect their demands and pay them meagerly.
The statement signed by the national chairman read, ‘’The National Union of Pensioners (FBN Unit) accuses First Bank management of refusing to comply with court orders, ignoring pension reforms and disregarding signed agreements.
“After 30-35 years of meritorious service, First Bank pensioners receive an amount ranging from N4, 500- N8, 000 to N15, 000 per month.”
John also called for the enhancement of meagre monthly pensions, compliance with court orders and pension reforms and respect for the rights of former employees.
The retirees recently protested the development in the Federal Capital Territory, alleging that the bank had treated them unfairly and unjustly.
“FBN pensioners have endured years of frustration seeking fair pension payments. Having spent our youthful years and worked meritoriously to take the bank to its enviable position, we demand justice and fair treatment,” John stated.
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