Gov. Babajide Sanwo-Olu of Lagos State has put smiles on the face of Lagos retirees as he has ordered the payment of N1.63 billion for December. The said amount is to be paid to 321 retirees through their Retirement Savings Accounts (RSAs).
This was revealed by the Commissioner for Establishment, Training and Pensions, Mrs Ajibola Ponnle at the 70th Batch Retirement Benefit Bond Certificate presentation to some of the retirees in the state.
Ponnle said that the state government was committed to ensuring that retirees get paid their terminal entitlements as and when due.
She said that since the inception of the Contributory Pension Scheme( CPS) in the country, Lagos State has continued to be in the forefront of ensuring an efficient and effective pension scheme administration.