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5 August 2021

Lagos pays over N32b to 8170 retirees

Lagos State Government has paid accrued pension rights of N32.09 billion to 8,170 retirees in the Mainstream, Local Government, State Universal Basic Board (SUBEB), Teaching Service Commission (TESCOM) and other parastatals

Lagos State Government has paid accrued pension rights of N32.09 billion to 8,170 retirees in the Mainstream, Local Government, State Universal Basic Board (SUBEB), Teaching Service Commission (TESCOM) and other parastatals from May 2019 till date, the Commissioner for Establishments, Training and Pensions, Mrs. Ajibola Ponnle, has said. She spoke at the 87th Retirement Bond Certificate Presentation to retirees of the Public Service in Ikeja, Lagos. She said the government paid N1.011 billion into the Retirement Savings Accounts (RSAs) of 247 retirees. - The Nation online