Ondo govt clears two-year gratuity backlog with N2.4 billion payout
Lagos State Authorities, yesterday, stated that it had paid N1.004 billion to 465 retirees as their service advantages earlier than the graduation of the Contributory Pension Scheme (CPS) in 2007.
Director-Normal of the Lagos State Pension Fee (LASPEC), Babalola Obilana, who disclosed this in the course of the 111th Batch retirement bond certificates presentation ceremony, stated that the state authorities, beneath the management of Governor Babajide Olusola Sanwo-Olu, would proceed to display an unwavering dedication to the welfare of its workforce, each serving and retired officers.
He stated that regardless of the financial challenges confronted globally and regionally, Lagos stays one of many few states within the federation that persistently fulfils its pension obligations.
In line with Obilana, through the years, the Fee has entrenched transparency, accountability and effectivity in pension administration via steady reforms and course of enhancements.
In addition to, Obilana stated that every of the retirees contributed immensely to the expansion and improvement of Lagos State via their years of devoted service and the federal government and other people of Lagos State stay deeply grateful for his or her sacrifices and contributions.
In his goodwill message, the Head of Service, Bode Agoro, counseled the governor for his management and placing points regarding public servants on the topmost of his priorities.
Agoro, subsequently, urged the beneficiaries to make use of the cash properly and responsibly, saying: “Might God proceed to bless you with lengthy life, good well being, and a sound thoughts, so you might totally take pleasure in the advantages you may have rightfully earned.”
Equally, Ondo State Authorities, yesterday, flagged off the majority cost of N2.396 billion in gratuity arrears to 2016 and 2017 retirees within the state service.
In line with the governor, Fortunate Aiyedatiwa, the train was a continuation of a deliberate and well-thought-out coverage to make sure that each retiree receives advantages in a good and clear method.
The governor, whereas talking on the Cocoa Convention Corridor, Governor’s Workplace, Akure, promised to clear the backlog of pension and gratuity arrears inherited by his administration.
He maintained that the disbursement was a product of constant planning, coming barely every week after his authorities paid over N1.4 billion to native council and first college retirees.
On his half, Everlasting Secretary of the Ondo State Pension Transitional Division, Bunmi Alade, lauded the governor for prioritising retirees’ welfare regardless of ongoing initiatives competing for funds.
Alade disclosed that the cost marked the primary time within the state’s historical past that two full years of gratuity arrears had been cleared concurrently.
