Folashade Onanuga, LASPEC DG
The Lagos State Government says it has paid N21.929 billion to 5,025 retirees as part of their accrued pension rights under thee Contributory Pension Scheme, CPS in the last one year.
Commissioner for Establishments, Training and Pensions, Dr. Benson Oke disclosed this on Monday at the 11th Retirement Benefit Documentation Seminar for intending retirees of the civil service in Ikeja, Lagos, Southwest Nigeria.
Oke disclosed that between August 2015 and November 2016, the government paid N21.929 billion to 5,025 retirees and that as at November 2016, the accrued pension rights of about N55.941 billion had been paid to 12,426 retirees by the state government since the commencement of payment of entitlements in the CPS dispensation.
“The state government is also very much committed to the regular…
Read More…..PM News
