Oyetola approves N708m for pensioners
From Fisayo Akinduro, Osogbo
Osun State Governor, Gboyega Oyetola has approved N708 million for the payment of pension arrears of retirees in the state.
The Head of Service, Dr Festus Oyebade made this known in a statement issued on Monday in Osogbo.
Oyebade said N508 million was approved for the payment of retirees under the old pension scheme, while N150 million was approved for the payment of selected retirees “based on merit” under the contributory pension scheme.”
He added that N50 million was approved to offset part of the gratuities of retirees under the old pensions scheme saying, the list of names of the selected retirees had been pasted on the notice boards of the Ministry of Information and Civic Orientation, State Pensions Bureau, and the Office of the Head of Service.
The Head of Service, however, charged retirees to check their names on the boards as payment will commence on November 23.
He said the Oyetola-led administration was committed to the welfare of retirees, adding that effort was in place to give workers the pride of place they deserved.