Osun State Government Releases N40m For 400 Pensioners

The Osun State government has approved the sum of forty million naira for the payment of pensions of different categories of pensioners in the state.

The Head of Service, Dr Olowogboyega Oyebade disclosed this in a press statement he made available to newsmen in Osogbo on Tuesday.

He said the said sum was meant to pay the pension of 148 retired secondary school teachers, 250 retired civil servants, including retired parastatal workers.

According to the statement, a sum of N25m, N14.8m and N200, 000 were to be paid to the retired civil servants, teachers and parastatals workers respectively.

He explained that the beneficiaries of the money were the 3rd batch pensioners, stating that payment of pensioners was an on-going exercise in fulfillment of the government’s promise on payment of gratuities and pensions.

“The approval of the N40m is meant for the payment of pension of 148 retired secondary school teachers, 250 retired civil servants and 2 retired parastatals workers.

“While retired civil servants in that category get a sum of N14.8m, retired teachers received N14.8m and N200, 000 goes to parastatal workers.

“This is the third batch of pensioners to be settled, in the ongoing payment of pensions of our senior citizens, as a fulfilment of this government’s promise”, the statement said.