Osun approves N120m for Death Benefits
Governor Adegboyega Oyetola of Osun State has approved the sum of One Hundred and Twenty-One Million, Nine Hundred and Seventy-Two Thousand, Six Hundred and Ninety Three Naira, Ten Kobo only (N121,972,693.10) for death benefits of retirees.
This was disclosed in a statement released by the Head of Service, Dr Festus Olowogboyega Oyebade, who said Oyetola approved the sum of Thirty-Two Million, Twenty-Four Thousand, Five Hundred and Three Naira, Three Kobo (N32,024,503.03) for deceased Local Government retirees, while the sum of Eighty-Nine Million, Nine Hundred and Forty-Eight Thousand, One Hundred and Ninety Naira, Ten Kobo (N89,948,190.10) was approved for deceased primary school retirees, under the old pensions scheme.
This development, according to the government, is in line with the law guiding the old pensions scheme.
Dr Festus also said that the names of the beneficiaries of the benefits are on the notice board of the Bureau of Local Government Pensions Secretariat in Osogbo, Osun State.
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
