Ambode set aside N6.5 billion to settle Lagos state’s pension areas

Lagos State Government has set aside N6.5billion for the settlement of all pension areas in the state.

State Commissioner for establishments, training and pension Mr. Akintola Oke who disclosed on Tuesday at the flag of the four day pre-retirement workshop for retiring public servants said the provision was contained in the year 2016 budget of the ministry.

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He told the retiring staff that the government is very concern about the welfare of retirees as it has consistently pay the monthly pension due to pensioners to date and has equally not faulted in the payment of its own share of contributory pensions due to serving workers.

Oke also informed that the governor since assumption of office released N11 billion to offset pension areas, issued another bond worth N1.4 billion, paid N1.9billion to 294 retirees from the state public service in addition to payment of over N37million pension gratuities to 57 disengaged staff of defunct EKO Today.

He urged the retiring staff to take advantage of the exposure that would come with the workshop so as to enable them plan properly for their retirement.

“I am particularly delighted to have you all present as participants at this novel initiatives of government organised to specifically prepare you for the challenges that come when the realities of life stare you in the face.

He said the workshop was put in place with the aim at sharpening retiring staff skills and prepare you for another round of challenges in life.

“I know that you may be retiring but never tired, I therefore seek your indulgence to give this workshop the priority attention it deserves and at the end of the workshop you would have gained things that would prepare you adequately for the future.”

The commissioner said government is not oblivious of the current economic situation in the country which has heavily taking its toll on every citizens of the country.

He said the government recently distributed consumable items to pensioners in the state on annual basis with view to give back to those committed workers who have served the state and added value to the development of the state.

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