Dr Akintola Benson-Oke, Lagos state Commissioner for Establishment, Training and Pensions, at the 2018 Ministerial Press Briefing held on Friday, to mark the present administration’s three years in office said the Lagos State Government paid N9.3 billion as pension to 2,466 retirees in the state, between May 2017 and March 2018.
“The state government, through the Lagos State Pension Commission (LASPEC), paid the sum of N9.3 billion into the Retirement Savings Account (RSA) of 2,466 public retirees, within the last one year.
“From August 2015 to date, the sum of N35.92 billion has been paid into the RSA of 8,731 retirees, deceased and withdrawn staff.
“There has been continued significant reduction in outstanding backlog of terminal entitlements of retired public servants.” he said.
Benson-Oke further disclosed that Lagos state government commenced and maintained the trend of paying terminal entitlements of retired employees monthly, since August 2015 and retirees will continue to be sensitized on activities of pension fraudsters.
The ministry would also distribute welfare packages to no fewer than 8, 000 pensioners aged 70 and above this year.
On the payment of death benefit, he said, 80 beneficiaries of deceased employees in the state were paid N220.7 million within the period.
