Osun approves another N708m for payment of Pension Arrears – PensionNigeria

Osun approves another N708m for payment of Pension Arrears

Governor Adegboyega Oyetola of Osun State, has approved the release of another N708 million to offset pension arrears of retired officers of State of Osun civil service. This was disclosed by the state Head of Service, Mr Festus Olowogboyega, in a statement on Tuesday in Osogbo, Osun State.

Mr Olowogboyega said, the payment of the approved funds will commence on Thursday, October 8, 2020. He also disclosed that, N508 million was approved for the payment of pension of retired civil servants, N150 million was approved to pay retirees under the contributory pension scheme and N50 Million was approved for part payment of the gratuities of retired officers under the old pensions scheme.

The Head of Service said that the list of beneficiaries, who were selected on merit, had been pasted on the notice boards of the Ministry of Information and Civic Orientation, the State’s Pension Bureau, and the Office of the Head of Service.

Read more Osun State pension news here 

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