Pension News

Bayelsa House of Assembly Speakers, Deputy Speakers & other Members get Life Pension

Bayelsa House of Assembly yesterday 24 April 2019 approved monthly pensions to speakers, deputy speakers and other members of assembly.

The bill sponsored by the leader of the House, Peter Akpe, which was passed on the floor of the House, approved N500,000 post service monthly pension to the speakers of the assembly. To qualify for the speakership pension of N500,000 monthly, the lawmaker must have served for two years and above.

The deputy speakers are to earn monthly pension of N200,000 while the remaining members of the 24-member capacity assembly will earn N100,000 each.

The bill specifically provided that former lawmakers including persons of Bayelsa origin, who served in the old Rivers State, would enjoy life pensions for their services in the state as applicable to former presidents, vice-presidents, governors and deputy governors across the country.

 

Read all Bayelsa State pension news HERE

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