Merry Christmas await Retired civil servants in Osun as Government approves N708 million for pension
Retired civil servants in Osun State are to spend Christmas with great joy as the State Government has released N708 million for the payment of their pension arrears from Thursday.
Osun State Head of Service, Mr. Festus Oyebade on Tuesday said N508 million was approved for the payment of pensions of retired civil servants, while N150 million was approved to pay retirees under contributory pension scheme.
Oyebade added that additional N50 million was approved for the part payment of the gratuities of retired officers under the old pension scheme.
He said the list of beneficiaries selected on merit had been pasted on the notice boards of the Ministry of Information and Civic Orientation, the State’s Pension Bureau, and the Office of the Head of Service.
The head of service said payment of the approved funds would begin on Nov. 5.
He said the governor had assured all workers, both serving and retired, that all efforts would be mustered to always give their welfare the place it deserved.