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| Group Managing Director, United Bank for Africa Plc, Mr. Phillips Oduoza |
Pensioners with the United Bank for
Africa besieged the bank’s head office in Marina, Lagos, on Wednesday to
protest against what they tagged “a paltry” monthly pension they are
being paid by the bank.
The protesters, under the aegis of
Nigeria Union of Pensioners, UBA Plc Unit, said the bank currently paid
them N10,000 across-the-board.
They comprised ex-employees of the bank
from across the country, who retired as senior managers, principal
managers, supervisors, and sub-managers, among others.
They said they had spent between 12 and 22 years at the organisation before they retired.
Our
correspondent gathered that the pensioners were receiving about N4,600
five years ago before the bank increased it to N10,000.
It was learnt that the bank had decided
to increase the sum by N2,000 last month after a meeting with the
executive; but the offer was rejected.
The demonstration partially paralysed
activities of the bank as some of the pensioners spread mats on the
entrance of the bank and sat on them, while others displayed banners and
placards with inscriptions, ‘If we do not build UBA, present management
will have nothing to be proud of. Give us our just dues now’, and ‘In
UBA Plc, one man earns N10m per month while a pensioner earns N10,000’,
among others.
Some of them, who spoke with PUNCH Metro, said the money was not enough to feed their families.
Fifty-eight-year old Stella Obanla, who
retired from the bank’s office in Ibadan, Oyo State, said she had to
engage in street hawking to sponsor her son’s education.
She said, “I joined the UBA in 1985 and
was retrenched in 1997. We are agitating for improvement in our pension.
We want the bank to give us our dues, including medical treatment. I
was collecting N3,150 in 2002. After some consultations, they increased
it to N5,000. Later, they increased to N10,000 and that is what we have
been earning for over six years now.”
A pensioner from Gombe State, Mr. Anthony Awoniyi, said, “It is appalling that I am still on N10,000 12 years after I retired.”
An ex-head manager, Bamidele Adedoyin,
72, said his sight became worse when he could not afford to meet up with
his medical needs.
“Old age has come, I cannot do anything
again. I joined the UBA in 1978 and retired in 1997. I was given N70,000
as severance package. N10,000 is nothing to write home about. I can’t
take care of my health any longer. I can’t see very well.”
A former chairman of the bank’s staff
union, N.O. Atiku, said the management of the bank did not factor modern
realities into the pension, adding that it was supposed to be reviewed
with the socio-economic realities of the country.
He said, “They know what we pay per
annum for housing and what it takes to feed a man nowadays. I was
retrenched as an officer level 5. I was the person who negotiated the
pension scheme in 1996 and as parts of our agreement it was not supposed
to be stable. It has to be reviewed with the realities of today.”
The Chairman of the pension union, Chief
Emmanuel Ojo, said the management had been unfair to them despite their
contributions to the development of the bank. He said the demonstration
was organised as the last resort after years of unfulfilled promises
made by the bank.
He said, “We are here today to express
our displeasure with the management of the UBA Plc for treating matters
of our welfare with levity. We have waited patiently for more than three
years discussing a new package with the bank until June 15, 2015, when
the bank offered us about N2,000 increase across-the-board, which we
rejected.
“If the bank saw the need to increase
the salaries of their serving employees regularly, why did they not
consider their pensioners, who brought the bank to greatness and who are
also living under the same bad economy? We believe the UBA pensioners
should earn not less than 20 per cent of what their colleagues on the
job are earning; that is about N880,000 per annum on the average.”
The protesters were later invited for a
dialogue by the management. The meeting was still on as of 3pm when our
correspondent left the bank’s premises.
A worker of the bank, who spoke on
condition of anonymity, said the management was able to reach an
agreement with the union, adding that something would be done to meet
the demands of the pensioners.
He said, “We have listened to them and resolved the issues. We have a human angle to everything we do. “
However, the bank in a statement said it would always take the welfare of its pensioners serious.
The statement by the Divisional Head,
Marketing and Corporate Relations, UBA, Mr. Charles Aigbe, read, “We
have regularly engaged our pensioners and have always treated them
fairly and respectably.
“The current disagreement arose from the
rejection of the terms of a proposed pension review presented to them
by the bank in June 2015.
“The action of today by UBA pensioners was unexpected and uncalled for.
“The pensioners have enjoyed two upward reviews in the past and the current one is about a third review.
“Following today’s action, we met and engaged, as our usual practice, with the leaders of the pensioners.
“They tabled their requests and we have
promised to look at them and revert in due course. The pensioners left
satisfied and peacefully.”
Ojo, the union, chairman, confirmed to our correspondent on the telephone that they had reached an understanding with the bank.
“We have reached an understanding, but
they refused to put it into writing. We have given them till August 31
to act on it,” he said.
Source: PUNCH
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