Abuja - The Lagos State Government announced
it had paid N41 billion as pension arrears to over 9 000 beneficiaries since
assuming office earlier this year.
Commissioner for Establishments, Training and Pensions,
Benson Oke Akintola, disclosed the figures during a pre-retirement seminar for
employees due to retire from the state public service between January and June
Akintola said the state government would continue to
cater for the well-being and welfare of all staff in spite of limited available
“Prompt payment of monthly salaries and allowances of all
active workers by the Lagos State Government will continue to be our focus,”
The Director General of the State Pension Board,
Folashade Onanuga, disclosed that over 9 000 retirees contributions had been
credited into active employees Retirement Savings Accounts.
Also Read: 5 things you may not want to hear about your RA (Part 2)
This is managed by the Pension Fund Administrators,
approved by the State Government.
Onanuga added that the State Government had paid over
N100 billion into the employees Pension fund.
She described the act as a landmark achievement which
also spoke volumes of the premium the state placed on the welfare of her staff.
“Despite the fact that the State Government’s accrued
pension rights obligation is huge, it is determined to give retirees comfort
and ensure they are well taken care of,” Onanuga said.
She added that the state government was set to pay
another N1,6 billion to another set of retirees this month.
Onanuga also revealed the state government’s
plan to continue to provide free health care service for retirees in
recognition of their contributions to the state.
- CAJ News