Oyetola approves N927m for pension

Gov. Gboyega Oyetola of Osun has approved the release of N927 million for the payment of pensions of retirees in the state.

This is contained in a statement by the state’s Head of Service, Dr Festus Oyebade, on Wednesday in Osogbo.

Oyebade said out of the money, N877million would be used for the settlement of bonds of retired primary school teachers, local government workers and retired civil servants, who are under the Contributory Pension Scheme.

He said the remaining N50 million was approved for payment of retirees under the old pension scheme.

According to him, the names of the retired workers selected on merit have been pasted on the notice boards of the Local Government Pensions Bureau, Civil Service Pensions Bureau, Ministry of Information and the Office of the Head of Service.

Oyebade reiterated the government’s commitment to the welfare and general well-being of the people, particularly workers in the State.

“Gov. Adegboyega Oyetola will always prioritise the welfare of workers in Osun,” he said.