Governor Rauf Aregbesola of Osun state has approved a sum of N40 million for payment of pension for another set of 400 pensioners in the state.
A press statement signed by the Head of Service, Olowogboyega Oyebade, on Tuesday, copy of which was obtained by BusinessDay, disclosed that the money was meant for the payment of pension of 148 retired secondary school teachers, 250 retired civil servants and 2 retired state civil service workers.
Giving the breakdown of how the money would be utilized, the statement explained that, a sum of N25m, N14.8m and N200, 000 would be paid to retired civil servants, teachers and parastatals workers respectively.
The Head of Service, also explained that the beneficiaries of the money are the 3rd batch of pensioners that would be paid, stating that payment of pension had been a continuous exercise in the state.
According to him, the excercise was in fulfillment of Osun government’s assurances that payment of gratuities and pensions would be given good priority.
BOLA BAMIGBOLA, Osogbo
