Source: www.africanakua.com| Ngwenekome Priscilia Ahone, Cameroon (Yaounde)
Salaries of civil servants and retired workers’ pensions will henceforth be paid directly into their various bank accounts following an agreement the Minister of finance, Louis Paul Motaze, signed with bank companies located in the country on August 14.
The agreement, official sources say, was signed to change the payment of current and retired workers in the country from the Automated Large Amount System better known in its French acronym SYGMA, to the Central Tele-compensation System Platform, in its French acronym SYSTAC. The new system will begin functioning in the nation at the end of this month, August.
This new method of payment, according to BEAC’s system adopted in 2007 will be secure for bank debits and transactions of civil servants in the nation.
SYGMA, it should be noted, was a system the government began using in 2007 to re-organize the procedure of salary payments, where salaries and pensions were given in bulk to banks that in turn pay the beneficiaries. Though the system was beneficial according to the finance minister as it saved work time, there existed some lapses like rejected salaries not quickly returned to the ministry and ineffective process of salary suspension for some civil servants.
While explaining the new system, Minister Louis Paul Motaze revealed that SYSTAC’s objective is to in line Cameroon to article 43 of CEMAC’s code of conduct in the exploitation of payment systems which prohibits the accumulation of payments in an operation.
“This payment shift is to help the ministry of finance to fasten the pay of salaries, correct processing mistakes in 72 hours, quick return of rejected salaries and will also assist to evaluate the reasons for rejected salaries”, the minister further stated.
According to the Director General of the Treasury, Sylvestre Moh Tangong, in the Ministry of Finance, money transfers from the ministry will presently be sent to specific beneficiaries of civil servants and retired workers. “This new system will not only make us to send transfers from the ministry to a specific beneficiary, but will help us to identify fictitious personnel numbers; out of the 410,000 personnel numbers, we have just validated 388,000, leaving over 20,000 numbers not validated,” he said.