Osun releases another N708 million for Retirees
Osun State Governor, Mr Adegboyega Oyetola, as part of his commitment to improve the welfare of retired civil servants and workers of the State, has released the sum of N708,000,000 to further offset pension arrears of retired officers of the State civil service.
In a press release signed by the Head of Service, Dr Festus Olowogboyega Oyebade, the sum of N508,000,000 of the released sum was approved for the payment of retired civil servants, while an additional sum of N150,000,000 was approved for the payment of retirees under the contributory pensions scheme. He added that an additional N50,000,000 was approved for the payment of gratuities of retired officers under the old pension scheme.
According to the release, 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. Payment of the released funds started on Friday, 5th March 2021.
Governor Adegboyega Oyetola assured all workers, both serving and retired that all efforts will be mustered to always give their welfare the pride of place it deserves.
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