The Osun State Government has presented over N507 million worth of bonds to 90 retirees in the state.
The Permanent Secretary, Local Government Staff Pension Bureau, Mr. Kayode Afolabi made this known while presenting the Bond Certificates to the beneficiaries under the Contributory Pension Scheme Programme of the state at the Local Government Staff Pension Bureau, State Secretariat, Osogbo.
51 retired primary school teachers were given the sum of N 350,284,075.44 while another 39 retired Local Government staff got a total sum of N 157,295,770.06.
Addressing the beneficiaries, Mr Afolabi eulogized governor Gboyega Oyetola for his commitment to the welfare of pensioners and workers in the state.
Afolabi said “the Contributory Pension Scheme was aimed at assisting civil servants to save towards their retirement.
“The scheme also ensures that civil servants receive their entitlements as and when due because it establishes and implements a set of rules and regulations for the administration and payment of retirement benefits to retirees.”
Earlier In her welcome address, the Director of Pension, Local Government Staff Pension Bureau, Mrs Motunrayo Ajayi urged those who are yet to get their bonds to exercise patience with the government.
BBNaija: Nini gives reasons why she turned down Yousef’s .
BBNaija ; Nini has given reasons why she turned down Yousef’s love interest in her. Yousef had revealed that...
Videos from Bobrisky’s 30th birthday party
Popular crossdresser, Bobrisky held his 30th birthday party yesterday August 31, in Lagos. Highlights from the birthday party include Fuji...
SIJUADE RAJI TAOHEED (ZOBO): A VISIONARY LEADER WITH AN UNCOMMON AMELIORATION AGENDA
SIJUADE RAJI TAOHEED (ZOBO): A VISIONARY LEADER WITH AN UNCOMMON AMELIORATION AGENDA _”Between stimulus and response, there is a space....
Eid Il Fitr: FPE Alumni President Felicitates With Muslims
Eid Il Fitr: FPE Alumni President Felicitates With Muslims May 13, 2021 The National President of Federal Polytechnic...
Face Of Osun State 2021 Unveil Winners, Releases Stunning Photos
A beautiful Student of Osun state, Obafemi Awolowo University osun state, Queen Bakare Hasiat who emerged the winner Face...