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The Lagos State Government said it paid N1.075 billion into the Retirement Savings Accounts of 301 retirees under the Contributory Pension Scheme in November this year. According to a statement from the Lagos State Pension Commission, the pensioners who are from the Lagos State public service include retirees of the local government and the state’s Universal Basic Education Board.
The Lagos State Governor, Akinwumi Ambode, stated these during the 45th retirement benefits bond certificates’ presentation. The governor, who was represented by the Commissioner for Establishments, Training and Pensions, Dr. Akintola Oke, said he remained committed to the well-being of the retirees.
He said that the state government was in the process of providing pensioner’s ID cards that would enable the retirees to enjoy some benefits, which hitherto they would have paid for. Akintola said that through LASPEC, Lagos had been able to disburse more than N32 billion in form of accrued pension rights to 7,976 retirees.
Photo Caption: Lagos State Governor, Akinwumi Ambode
