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143 retirees received ₦963 million retirement bond from Osun State

ByPensionTalk

Feb 18, 2021
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143 retirees in the Osun State civil service have received bond certificates of over ₦963 million. The state governor, Mr Gboyega Oyetola, who made this known in Osogbo, on Tuesday, added that, so far, “our administration has released about ₦31 billion to cater for our pensioners, including ₦26 billion for pensioners under the old Pension Scheme and about ₦5 billion for those under the Contributory Scheme.”

While presenting the certificates to them, Oyetola said: “despite the harsh economic conditions of our state arising from national economic challenges, our administration’s commitment to the welfare of workers, both serving and retired, remains unwavering since we came on board in November 2018.”

He, however, stressed “In fulfilment of our commitment to the welfare and comfort of our retired workers, I presented bond certificates of over ₦963 million to 143 retirees under the Contributory Pension Scheme, including those at the State and Local Government levels

“This, we have continued to do through the regular and prompt payment of full salaries and allowances to all categories of active workers as well as full pension to all our pensioners at all levels including the monthly release of ₦509 million to pensioners under the Old Pension Scheme.

“I thank the latest beneficiaries for their patience and perseverance while assuring those who are yet to collect theirs to be patient and keep faith with our government as we are working assiduously to ensure that we reach out to all of them as soon as possible,” he said.

Source: Tribune


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