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Lagos orders agencies to obey pension law

21 August 2015, 18:00

Lagos - The Lagos State Government has ordered government agencies that have not fully complied with the provisions of the Lagos State Pension Reform Law to commence their contributions into the employees’ retirement saving account, Punch reports.

The state governor, Akinwunmi Ambode, said it was his passion to enhance workers’ welfare and their continued financial empowerment through the payments of outstanding commitments in the state public service.

The governor spoke on Thursday in Alausa, Ikeja, where N2.2bn retirement benefit bond certificates were presented to 658 retirees in the state.

Also read: Tinubu’s in-law in Ambode's cabinet list

Ambode said all government establishments that are yet to fully comply with the provisions of the Lagos State Pension Reform Law by regular remittance must immediately commence their contributions into the employees retirement saving account.

The governor was represented by the Deputy Governor, Dr. Idiat Adebule, said a total liability of N761.828m was being absorbed by the state government on behalf of the retirees.

Read more at Punch

- News 24


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