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Osun govt releases N1.644bn for pension, gratuity arrears

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The Osun State authorities has accepted the sum of 1 billion, 600 and forty-four million Naira (N1,644,000,000) for the cost of excellent pension and gratuities of retired civil servants.

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State Governor, Adegboyega Oyetola in a press release additionally assured all energetic and retired civil servants that efforts might be mustered to present their welfare the satisfaction of place it deserved.

The assertion signed by the Head of Civil Service, Dr. Festus Oyebade disclosed that the sum of 5 hundred and eight million Naira (N508,000,000) of the launched sum was accepted for the cost of retired civil servants below the outdated pension scheme.

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He mentioned the governor accepted the discharge of a further sum of 4 hundred million Naira (N400,000,000) to pay chosen retirees below the Contributory Pensions Scheme.

He mentioned a further a million Naira (N1,000,000) was launched for the cost of gratuities of retired officers below the outdated pensions scheme, bringing the full quantity launched for retired officers within the state’s service to at least one billion and eight million Naira.

Retirees within the educating and native authorities service weren’t omitted because the sum of 600 and thirty-eight million naira (N638,000,000) was accepted by the governor for disbursement.

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