Lagos Pays N1bn Accrued Pension Rights For Sept

The Lagos State Authorities has paid over N1 billion as accrued pension rights to 219 retirees throughout the state’s public service for the month of September.

Mr Babalola Obilana, Director-Primary, Lagos State Pension Commision (LASPEC), in a press launch on Friday, talked about the beneficiaries acquired their bonds on the 79th batch retirement bond presentation in Lagos.

Lagos pays N1bn accrued pension rights for September

Obilana recommended the retirees to know the on the market pension programme selections — the programmed withdrawal and life annuity — for his or her pension entitlements and choose the preferable one.

He urged the pensioners to be prudent in spending and as well as notified them that the payment had started attending to retirees’ complaints and enquiries between 10am and 1pm day-to-day.

The director regular praised Gov. Babajide Sanwo-Olu for his dedication to the month-to-month price of retirees whatever the COVID-19 pandemic and its attendant outcomes on the sources of the state.

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In response to him, the movement of the governor is proof of the present administration’s dedication to quick price of pensioners’ entitlements as promised.

He talked about it was moreover an assurance of regular enchancment throughout the provide of the dividends of democracy throughout the state.

Reacting, Mrs Toyin Awoseyi, a former Eternal Secretary of the Instructing Service Charge (TESCOM), appreciated the administration of Gov. Sanwo-Olu on behalf of various retirees.

Awoseyi moreover really useful the administration and workers of LASPEC for his or her proactiveness and effectivity throughout the provide of their duties.

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