Lagos releases N582. 195m pension rights

Pension

The Lagos State Governor, Akinwunmi Ambode has released the sum of N582.195 million to pay 109 retirees’ entitlements for the month of March, 2017.In a statement made available to the Guardian, signed by the Public Affairs Unit, Lagos State Pension Commission (LASPEC), Mrs. Ajoke Lawal, explained that the State Government, through LASPEC has since the beginning of this administration paid 5,956 retirees from the Mainstream Civil Service, Local Government and State Universal Basic Education Board, Teachers Establishment Pensions Office and other Parastatals of Government.

The Director- General, Mrs. Folashade Onanuga while congratulating the retirees at the 37th Retirement Benefit Bond Certificate Presentation Ceremony, in Lagos, said the Contributory Pension Scheme (CPS) will be 10 years in Lagos State in April, 2017 and some activities have been lined up to commemorate a decade of the CPS in Lagos State.

Also, The Assistant Director, Technical, Olawale Otun took the retirees through on the benefit options available under the Contributory Pension Scheme.

Meanwhile, the retirees were full of joy and praises to the Lagos State Governor for the choice of staff at the Commission whom they described as very respectful, friendly, yet professional and full of empathy.

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