THERE appears to be no end in sight to the disagreement between members of Academic Staff Union of Universities, ASUU, Obafemi Awolowo University, OAU, Ile-Ife, Branch and the university’s authorities over alleged double deduction of workers’ pension.
The lecturers had months back petitioned the Independent Corrupt Practices and Other Related Offences Commission, ICPC alleging among other things, that the management of the OAU has been making double deductions of pension contribution from employees’ salaries since the introduction and implementation of the new contributory pension scheme since July 2004, that the deductions made were neither remitted to the appropriate quarters like Pension Fund Administrators, PFAs, that employees’ pension contributions have been deducted at source by the Budget Office of the Federation before releasing the net amount, thus making it unlawful for another deduction by the university management and that the university management should stop further illegal deductions of pension contribution from staff salaries and refund of the ones already made.
The ICPC investigated and gave a clean bill of health to the university management on the issue of double deductions, but as the school’s authorities to refund to the Sub-Treasury of the Federation, STF, N687.185,868.70, that it (ICPC) identified as unspent funds.
Read More:http://www.vanguardngr.com/2010/11/oau-lecturers-reject-icpc-report-on-double-pension-deductions/
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