Osun releases N1.1 billion for pensions


The Osun State Government said it has released the sum of N1.1 billion to improve the welfare of retired civil servants and workers of the State.

This was disclosed in a statement signed by the Head of Service, Dr Festus Olowogboyega Oyebade.

Oyebade said the sum of N600 million in the fund released was for the settlement of retired Primary School teachers and Local Government workers.

He added that an additional five hundred million was approved to pay contributory pensions of retired officers of the civil service and parastatals.

According to him, the selected retirees are to collect their bonds on Thursday, at the Local Government Service Commission Multipurpose Hall.

Also, the list of beneficiaries of the approved sum has been pasted on the notice board of the Ministry of Information and Civic Orientation, the State’s Pension Bureau and the Office of the Head of Service.

He assured all workers both serving and retired of Governor Gboyega Oyetola’s commitment to always make their welfare the priority in the entire and that nothing will be allowed to obstruct all things essential to make them progress.

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