Governor Adegboyega Oyetola of Osun State has permitted the discharge of the sum of Seven Hundred and Eight Million Naira (N708,000,000) to additional offset pension arrears of retired officers of the State civil service.
The arrears the federal government famous is a part of his dedication to enhance the welfare of retired civil servants and staff of the State.
This adopted the discharge of 1 billion, 200 thousand Naira for pension settlement through the Christmas and New Yr Celebrations; the discharge of one other seven hundred and eight million Naira in February to additional offset pension arrears; and the presentation of bond certificates of N963 million to 143 retirees in February.
In a press launch signed by the Head of Service, Dr. Festus Olowogboyega Oyebade, the sum of 5 hundred and eight million Naira (N508,000,000) of the launched sum was permitted for the cost of retired civil servants, whereas an extra sum of 100 and fifty million Naira (N150,000,000) was permitted for the cost of retirees underneath the contributory pensions scheme.
He added that an extra fifty million Naira was permitted for the cost of gratuities of retired officers underneath the outdated pension scheme.
In response to the discharge, the record of beneficiaries of the permitted sum has been pasted on the discover board of the Ministry of Info and Civic Orientation, the State’s Pension Bureau and the Workplace of the Head of Service.
DAILY POST experiences that cost of the launched funds will begin on Friday, fifth March 2021 and the federal government has assured all staff, each serving and retired that every one efforts will probably be mustered to all the time give their welfare the delight of place it deserves.