The Lagos State Government has paid N1.6 billion to 311 retirees from the mainstream civil service, local governments, and State Universal Basic Education Board (SUBEB), Teachers Establishments and Pensions Office (TEPO) and other parastatals of government for the month of April.
Commissioner for Establishments, Training and Pensions, Dr. Benson Oke disclosed this on Friday at the 38th retirement benefit bond presentation ceremony at NECA House, Ikeja, Lagos.
He said that retirees’ comfort at old age was what led to the State’s monthly contribution into the Retirement Savings Account of public servants.
According to Oke, “It is a positive history that the Lagos State Government has been consistently winning the National Pension Commission’s award for the best pensions compliant State in the Federation. We aim to maintain this rating by continuing and…
Read More…..PM News
