As part of his commitment to improve the welfare of retired civil servants and workers of Osun State, Governor Gboyega Oyetola has released the sum of seven hundred and eight million Naira (N708,000,000) to further offset pension arrears of retired officers of the state civil service
This followed the release of one billion, two hundred thousand Naira for pension settlement during the Christmas and New Year Celebrations, the release of another 708 million naira in February to further offset pension arrears, and the presentation of bond certificates of 963 million naira to 143 retirees in February.
In a press release signed by the Head of Service, Festus Oyebade, the sum of Five Hundred and Eight Million Naira (N508,000,000) of the released sum was approved for the payment of retired civil servants, while an additional sum of One Hundred and Fifty Million Naira (N150,000,000) was approved for the payment of retirees under the contributory pensions scheme.
The statement added that an additional Fifty Million Naira was approved for the payment of gratuities of retired officers under the old pension scheme.
The list of beneficiaries of the approved sum has now been pasted on the notice board of the Ministry of Information and Civic Orientation, the State’s Pension Bureau and the office of the Head of Service.