Osun state Government releases N1.2bn for pension payment

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The Osun State Governor, Mr Adegboyega Oyetola, has released a sum of N350,000,000 for the payment of retirement benefits of pensioners on Contributory Pensions Scheme in the state civil service.

The amount was said to be in addition to N752,000,000, monthly pension to be paid to retirees under the old Pensions Scheme for the month of September.

Oyetola has also released an additional sum of N100,000,000 to pay part of the gratuities of retirees on Old Pensions Scheme, totalling N1.2 billion naira.

This was contained in a statement signed by the state Head of Service, Dr. Festus Oyebade and obtained in Osogbo on Friday.

The statement also said that the list of beneficiaries had been placed on the notice boards of the Civil Service Bureau Office of the Head of Service, and the Ministry of Information and Civic Engagement.

Mr Adegboyega Oyetola urged all workers and retirees in the State to be more dedicated and wished them Happy Independence Anniversary.

He assured all workers in the state both serving and retired of giving their welfare priority and attention throughout his administration.

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