Lagos state Governor Babajide has stated that his administration has fulfilled it's promise that all state civil service retirees get their accrued pension.
He said since May 2019 when he took the mantle of leadership, his administration has paid over N38 billion to 9,865 retirees.
According to him, 515 retirees had their savings accounts credited with a total of N1.520 Billion at a bond presentation ceremony held recently.
Sanwo-Olu said despite prevailing economic challenges, his administration has prioritized the welfare of it's employees and retirees, and has ensured that monies are promptly remitted into individual employees’ Retirement Savings Accounts (RSAs) monthly, and also made it a priority that retirees access their retirement benefits immediately.
He stated that the state is among the few states that doesn't owe monthly pension contributions, and assured that his administration will not relent in its duties nor renege on its promise to employees and retirees that their welfare will not be taken for granted.
Source: www.clintonsdaily.com
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