Oyetola releases N1.2bn for pension payment

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The Osun State Governor, Mr Adegboyega Oyetola, has released a sum of N350,000,000 for the payment of retirement benefits of pensioners on Contributory Pensions Scheme in the state civil service.

The amount was said to be in addition to N752,000,000, monthly pension to be paid to retirees under the old Pensions Scheme for the month of September.

Oyetola has also released an additional sum of N100,000,000 to pay part of the gratuities of retirees on Old Pensions Scheme, totalling N1,202,000,000.

This was contained in a statement signed by the state Head of Service, Dr. Festus Oyebade, obtained in Osogbo on Friday, which also said the list of beneficiaries had been placed on the notice boards of the Civil Service Bureau Office of the Head of Service, and the Ministry of Information and Civic Engagement.

“Concerned retirees who are picked on merit are to check the list for their names and payment starts immediately on Tuesday, October 4, 2022.

“Mr Adegboyega Oyetola urges all the workers and retirees in the State to be more dedicated and wishes them Happy Independence Anniversary. He assures all workers in the state both serving and retired of giving their welfare priority and attention throughout his administration,” the statement concluded.


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