LASG releases N582.19m to Lagos state 109 pensioners

Lagos State Pensioners have something to smile over this month of March as the State Government released N582.19m for the payment of 109 retirees’ entitlements for the month of March.

The Statement was made known by the Lagos State Pension Commission, this administration of the incumbent Lagos State Governor, Akinwunmi Ambode, the state has paid 5,956 retirees.

It stated that the retirees were from the mainstream civil service, local governments and state Universal Basic Education Board, Teachers’ Establishment Pensions Office and other parastatals of government.

The Director-General, LASPEC, Mrs. Folashade Onanuga, while congratulating the retirees at the 37th retirement benefit bond certificate presentation ceremony in Lagos, reportedly said that the Contributory Pension Scheme would be 10 years in Lagos State in April, 2017, adding that some activities had been lined up to commemorate a decade of its existence in the state.

The Assistant Director, Technical, LASPEC, Mr. Olawale otun, explained the benefit options available under the CPS to the retirees, during the bond presentation.

Source: ( Punch Newspaper )

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