Osun approves N120m for Death Benefits - PensionNigeria

Osun approves N120m for Death Benefits

Governor Adegboyega Oyetola of Osun State has approved the sum of One Hundred and Twenty-One Million, Nine Hundred and Seventy-Two Thousand, Six Hundred and Ninety Three Naira, Ten Kobo only (N121,972,693.10) for death benefits of retirees.

This was disclosed in a statement released by the Head of Service, Dr Festus Olowogboyega Oyebade, who said Oyetola approved the sum of Thirty-Two Million, Twenty-Four Thousand, Five Hundred and Three Naira, Three Kobo (N32,024,503.03) for deceased Local Government retirees, while the sum of Eighty-Nine Million, Nine Hundred and Forty-Eight Thousand, One Hundred and Ninety Naira, Ten Kobo (N89,948,190.10) was approved for deceased primary school retirees, under the old pensions scheme.

This development, according to the government, is in line with the law guiding the old pensions scheme.

Dr Festus also said that the names of the beneficiaries of the benefits are on the notice board of the Bureau of Local Government Pensions Secretariat in Osogbo, Osun State.

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