The Governor of Osun State, Senator Ademola Jackson Nurudeen Adeleke, has approved the sum of N3.3 billion for the payment of accrued rights (bond certificates) of a number of workers who retired under the Contributory Pension Scheme across the State.
A statement today, October 3, by the State’s Head of Service, Elder Ayanleye Aina, said that N1.5 billion of the amount is for retirees at the State level, including Ministries, Departments, Agencies, secondary schools and tertiary institutions while the sum of N1.8 billion is for those who retired in the local government service, junior and primary schools across the State.
He said that the fund approved is undergoing due process at the Bureau of Public Service Pension and the Local Government Staff Pension Board.
The Head of Service said that the approval of the amount is different from the regular monthly payment of pension and gratuities to retired public servants under the old pension scheme across the public service.
He said that workers and pensioners welfare had topped the 5- point Action Plan of Governor Adeleke.
“The Governor has been keeping with this promise since he came on board in November, 2022 going by his unhindered love for public servants and the entire citizens of the State.”