The Lagos State Government has paid N1.18billion as accrued pension rights into the Retirement Savings Accounts of 279 retirees.
The Director-General, Lagos State Pension Commission, Mrs. Folashade Onanuga, said in a statement that the retirees were presented with their Retirement Benefit Bond Certificates during a ceremony in Lagos.
She said the administration of Governor Babajide Sanwo-Olu is paying great attention to pensioners in the state., assuring them of its interest in their well-being.
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She said the Commissioner, Ministry of Establishment, Trainings and Pensions, Mrs. Ajibola Ponnle, was pleading their case on issues relating to pensioners at the State’s Executive Meetings, saying the issue of backlog has received due consideration and that very soon, additional funds would be released in tranches.
Mrs. Onanuga advised the retirees on the need to eat right, rest and most importantly, be prudent with their finances.
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