Osun govt approves another N927m for pension payment

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BLESSING AKOROWOSI, Osogbo

 

Osun State Governor Adegboyega Oyetola has approved the release of N927 millionfor the payment of pensions of retirees in the State.

 

Of the N927illion, the sum of N877million will be used for the settlement of bonds of retired primary school teachers, local government workers and retired civil servants who are under the Contributory Pension Scheme. The remaining N50million was approved for payment of retirees under the old pension scheme.

 

The Head of Service of the state, Dr. Festus Oyebade, made this disclosure in a statement issued on Wednesday in Osogbo, the State capital.

 

According to him, the names of the retired workers selected on merit have been posted on the Notice Boards of the Local Government Pensions Bureau, Civil Service Pensions Bureau, Ministry of Information and the Office of the Head of Service.

 

The HoS reiterated the government’s commitment to the welfare and general well-being of citizens particularly workers in the State. “Governor Adegboyega Oyetola will always prioritise welfare of workers in Osun,” he added.