Nigeria: LASG Pays Over N1 Billion to 222 Retirees’ RSA, Promises to Clear Backlog of Pensions
The Director-General of Lagos State Pension Commission (LASPEC), Mr. Babalola Obilana has said that the Lagos State Government has paid the sum of N1.04 billion to its retired workers.
Obinala, who disclosed this at the 91st Batch Retirement Bond Certificate presentation Ceremony held in Lagos revealed that the state has cleared its pension contributions of 2018 – 2020 retirees under the contributory pension scheme.
He assured the retirees that their contributions have been paid into their RSA.
According to him, “despite the numerous local and global challenges, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible.
“LASPEC also constantly reviews its business processes to ensure first class service delivery to our dear retirees and accomplish Mr. Governor’s goal of the immediate payment of pension entitlements upon retirement from the Public Service.”
Obilana, however confirmed that prior to the payment there were over 1000 retirees that have not received their contributions.
He assured that the backlog would be cleared before the expiration of first tenure of the governor.
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