Oyetola releases another N927m for pensions | Dailytrust

Oyetola releases another N927m for pensions

Osun State Governor Adegboyega Oyetola has approved N927,000,000 for the payment of pension arrears of retirees in the state.

Of the N927m, the sum of N877m would be used for the settlement of bonds of retired primary school teachers, local government workers and retired civil servants all under the Contributory Pension Scheme.

The remaining N50m was approved for payment of retirees under the old defined benefit scheme.

The Osun Head of Service, Dr Festus Oyebade, disclosed this in a statement on Wednesday in Osogbo, the state capital.

The names of the retired workers selected on merit had 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.


Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
Media Trust Ltd

Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Email: membership@dailytrust.com
Whatsapp: +234 806 990 3410