Osun govt releases another N927million for payment of pensions 

By Deborah Oladejo, Osogbo

Osun State Governor, Mr. Gboyega Oyetola, has approved the immediate release of N927million for the payment of pensions of retirees in the state.

Out of the amount, N877m will be used for the settlement of bonds of retired primary school teachers, local government workers and retired civil servants who are under the Contributory Pension Scheme while the remaining N50m was approved for payment of retirees under the old pension scheme. 

The state’s Head of Service, Dr. Festus Oyebade, made this disclosure in a statement issued on Wednesday in Osogbo, the state capital. 

According to him, the names of the retired workers selected on merit has been posted on the Notice Boards of the Local Government Pensions Bureau, Civil Service Pensions Bureau, Ministry of Information and the Office of the Head of Service. 

Oyebade reiterated the government’s commitment to the welfare and general well-being of citizens, particularly workers in the state.