Contributory Pension: Osun Retirees Get N3.3 Billion, Gov Adeleke Gives Approval

By Ayodele Oni

Osun State Governor,  Ademola Adeleke, has approved the sum of ₦3.3 billion for the payment of accrued entitlements for workers that retired under the Contributory Pension Scheme in the State.

A statement by the Commissioner for Information and Public Enlightenment,  Kolapo Alimi, explained that the amount was released by the government through the office of the Head of Service.

Giving a breakdown, the sum of ₦1.5b is for retirees at the State level comprising Ministries, Departments, Agencies, secondary schools and tertiary institutions, while the sum of ₦1.8b is for those who retired in the local government service, junior and primary schools across the State.

The Commissioner stated that the fund, is undergoing due process at the Bureau of Public Service Pension and the Local Government Staff Pension Board, and will be disbursed appropriately.

According to him, the approval of the payment is apart from the regular monthly release of pension and gratuities to retired public servants under the old pension scheme across the whole range of the public service.

“This Government will not relegate his promises of welfare and development to the people, and it is a fact that the Governor has been keeping his promises since he came on board in November, 2022 going by his unhindered love for public servants and the entire citizens of the State.

“This Government is accountability and good governance driven, and we reiterate that the good people of the state will enjoy the dividends of democracy.”