Osun State Government on Thursday said the governor, Ademola Adeleke, has approved a sum of N3.3 billion for the payment of pension and gratuities to retired public servants under the old pension scheme.
The beneficiaries were said to be retirees, who left service under the contributory pension scheme.
In a statement by the State Commission for Information and Public Enlightenment, Mr. Kolapo Alimi, the government explained that from the amount released, a sum of ₦1.5b would go to bond settlement of retirees at the State level comprising Ministries, Departments, Agencies, secondary schools, and tertiary institutions.
Alimi further said N1.8b was meant for those who retired from the local government service, and junior and primary schools across the State.
“The fund as approved is undergoing due process at the Bureau of Public Service Pension and the Local Government Staff Pension Board and will be disseminated appropriately.
“The approval of retirees payment is apart from the regular monthly payment of pension and gratuities to retired public servants under the old pension scheme across the whole range of the public service. Based on the action plan of the government of Governor Ademola Adeleke, workers’ and pensioners’ welfare top the 5- 5-point Action Plan.
“This government will not relegate his promises of welfare and development to the people,” and it is a fact that the Governor has been keeping his promises since he came on board in November 2022 going by his unhindered love for public servants and the entire citizens of the State,” AIimi said.
