Pension News

Lagos State Government Presents N480m to the Families of 258 Deceased Workers.

Lagos State Government has presented a total sum of N480m to the families of 258 deceased workers as life insurance premium benefits.

The Commissioner for the Ministry of Local Government and Community Affairs, Mrs. Yetunde Arobieke made this presentation to the families of the deceased workers of Lagos State at the Digital Village Alausa, Ikeja. The Commissioner however, enjoined the families of the late Lagos State workers to make judicious use of the benefit presented to them.

Arobieke, disclosed that the insurance benefits presented to the families of the deceased is aside from the usual gratuity and pension benefits accruable to the deceased staff. She further explained that the insurance benefit was made possible in conjunction with LASACO Assurance Plc.

The General Manager, LASACO, Mr Dimeji Olona stressed that the Lagos State Government has great interest in the Welfare and education of its workers, hence making provision of Life Assurance Policy.

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