Pension Arrears: Oyetola Releases Funds to Pay 1,501 Retirees

By Yinka Kolawole

The Osun State Governor, Mr. Adegboyega Oyetola, as part of his commitment to improve the welfare of retired civil servants and workers of the state, has released the sum of N300, 000 to pay pension arrears to 1,501 retirees.

This is aside the statutory remittance Oyetola makes every month, being the sum of N508,000,000 approved for the payment of retired civil servants, and an additional sum of N150,000,000 approved for the payment of retirees under the contributory pensions scheme.

In a statement signed by the state Head of Service, Dr. Festus Oyebade, the Osun State Government reiterated its commitment to the welfare of serving and retired workers in the state.

The names of selected retirees have been posted on the notice board of the Ministry of Information and Civic Orientation, State Pension Bureau, Local Government Pension Bureau, and the Office of the Head of Service.

According to the statement, payment to the selected retirees began from October 25, 2021.