Ondo State approves increase in Pension
Ondo State Governor, Oluwarotimi Akeredolu, has approved an increase in the pension allowance of retirees in the state.
The State Head of Service, Pastor Kayode Ogundele, said this in Akure on Monday.
Ogundele said the approval was in conformity with the consequential adjustment arising from the implementation of the National Minimum Wage of 2019 in the country.
According to him, no fewer than 11,654 officers from the state civil service and 11,659 from the local government service who retired before 1st January, 2020, the effective date of the present minimum wage regime, would benefit from the new approval.
Ogundele, while congratulating the pensioners in the state, thanked Akeredolu for listening to the yearnings of the pensioners and prioritizing the general well-being of Ondo State workers.
Also reacting, the Permanent Secretary of the State Pension Transition Department, Pastor Abiodun Akinseloyin, described the approval as a welcome development. Akinseloyin said it would go a long way to enhancing the living conditions of retirees.
Source (NAN)
Read more ONDO State Pension News Here
Support PensionNigeria financially with N1,000 per Month HERE, or with any amount HERE
Empower us to do more independent analysis of the Pension Industry in Nigeria
Subscribe to PensionNigeria Daily News Broadcast on WhatsApp, just send “Subscribe” to 08160052802, PLEASE ensure you also save 08160052802 to your contacts as “PensionNigeria” to enable you receive the PensionNigeria News Broadcast.
Subscribe to PensionNigeria Daily Newsletter and get Today’s Top Pension News delivered straight into your email box every Evening.
If you have subscribed before and you still do not receive our Newsletter, please check your “Spam Folder”, if you find our Newsletter there, mark it as “NOT SPAM” or move it to your Inbox
Pension is Your Right,
An Insurance for Old Age
Follow PensionNigeria on Social Media LinkedIn Twitter Instagram Facebook YouTube
