Governor Gboyega Oyetola of Osun State has approved the immediate release of N927 million for the payment of pensions of retirees in the state.
The Head of Service of the state, Dr. Festus Oyebade, said of the N927 million, N877 million will be used for the settlement of bonds of retired primary school teachers, local government workers and retired civil servants who are under the Contributory Pension Scheme.
According to Oyebade, the remaining N50 million was approved for payment of retirees under the old pension scheme.
He made this disclosure in a statement issued on Wednesday in Osogbo, the state capital.
According to him, the names of the retired workers selected on merit have been posted on the Notice of the Local Government Pensions Bureau, Civil Service Pensions Bureau, Ministry of Information and the Office of the Head of Service.
The HoS reiterated the government’s commitment to the welfare and general well-being of citizens particularly workers in the State.
“Governor Adegboyega Oyetola will always prioritise welfare of workers in Osun,” he added.
