Oyetola approves N909m for payment of pension arrears – Official


Governor Gboyega Oyetola of Osun has approved N909 million for the payment of pension arrears for retired civil servants in the state.

Festus Olowogboyega, the Head of Service, said in a statement on Thursday in Osogbo that N508 million was approved for the payment of retirees under the old pension scheme, while N150 million was for the payment of retirees under the contributory pensions scheme.

Mr Olowogboyega added that an additional N50 million was approved for the payment of gratuities of retired officers under the old pension scheme.

The Head of Service also said the governor had also approved immediate payment of retirees under the contributory pension, whose arrears is between N500,000 and N 1 million.

He said the final certificates of clearance for the payment of the affected retirees must also fall within August 2017 and 31st December 2020.

Mr Olowogboyega also said the governor equally approved N201 million to settle part of the gratuities of retired officers in teaching and local government service under the old pension scheme.

He said the list of beneficiaries of the approved sum had been pasted on the notice board of the Ministry of Information and Civic Orientation, the State’s Pension Bureau and the Office of the Head of Service.

(NAN)

Support PREMIUM TIMES’ journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401…









Read the Source post on Premium Times Nigeria.

Previous articleBusy Signal – Gwan Whine (Official Video) MP4 Download
Next articleAllame ft. Hasip AKSU – Bekle (Official Video) MP4 Download