Pension News

Oyo State House of Assembly To Make Payment of Monthly Pension of Retired Primary School Teachers from LG Statutory Allocation.

Oyo State House of Assembly has met with stakeholders at a public hearing on State Joint Local Government Account Distribution Further Amendment Bill 2018.

The bill, spearheaded by the late speaker of the House, Mr Micheal Adeyemo, seek for payment of monthly pension of retired primary school teachers from the statutory allocation of local government being deducted by JAAC.

Deputy Speaker and Chairman Ad-Hoc Committee on the bill, Mr Abdulwasi Musah said the House set to further amend the bill considering the backlog of pension arrears of retired primary school teachers.

Mr Musah said the bill when passed into law would address the problem of non payment of monthly pensions of primary school teachers in the state.

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