Lagos State Government has released N11bn to pay off pension
liabilities in arrears in the state since 2010 to date.
The Head of Service, Mrs. Folashade Jaji, said this on Wednesday
in Alausa, Ikeja, that the state Governor, Akinwunmi Ambode had directed that
the sum should be
used to pay the pension liabilities of the Lagos State
Government mainstream retirees and the retirees in local government areas.
Jaji said:
“The
development is part of efforts put in place by the present administration to
find a holistic solution to the issue of payment of pension entitlements to
retirees under the pay-as-you-go pension scheme which was discontinued in April
2007, as well as outstanding accrued pension rights due to retirees under the
contributory pension scheme.
The Head of Service said the government had developed a
comprehensive payment plan to resolve all outstanding pension issues in the
short, medium and long terms. The short or immediate term plan is for pension
payments to ministries, departments and agencies and parastatals, including
local government areas and SUBEB, which will be made monthly commencing from
August, 2015.
Jaji said the efforts were the outcome of painstaking
deliberations by the Public Service Pensions Office, the Lagos State Pensions
Commission, the Head of Service and the governor to “reduce, if not totally
clear,” the outstanding liabilities due to retirees the Lagos State public
sector.
Curled from Punch.
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