Oyetola has released N1bn for Pension Arrears – PensionNigeria

Oyetola has released N1bn for Pension Arrears

Osun State governor, Gboyega Oyetola has approved the release of the sum of N1,108,000,000 for the settlement on pension arrears. The State Head of Service, Dr. Festus Olowogboyega Oyebade made the disclosure while giving his remarks during the inter-religious prayers organised by the government to start the 2021 work year, on Monday.

He said, “the sum of N580m of the total sum was approved to pay the pensions of retired civil servants, the sum of N150m was approved to pay retirees under the contributory pensions scheme, an additional N50m was approved for the part-payment of the gratuities of retired officers under the old pensions scheme.”

“Aside this N708m breakdown, the governor approved another N200m for those who have not had their contributory pensions. When the beneficiaries said they wanted to come and appreciate the governor for making their welfare priority, he approved another N200m this morning to further offset pension arrears. This is a laudable feat because the pensioners have not had it this good since 2016.”

“People wonder why we are always elated when the name of Governor Oyetola is mentioned. It is because he has shown himself as a man who cares about the welfare of workers and the people he governs.”

“Inspite of the challenging times in the year 2020, he did not undermine the welfare of workers and citizens. We will recall that he approved the implementation of annual increment, minimum wage, promotion and conversion for workers in the state without agitation.”

“Barely 17 hours to Christmas, the governor told me that he was bothered about how the celebrations would be for pensioners, and not long after, he summoned the commissioner for finance and the accountant-general, and asked for a quick intervention and got the money approved.”

Read more Osun State Pension News here

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