The Lagos State Government has issued
retirement benefit bond certificates to the tune of N1.002bn to a set of
275 retirees from the Mainstream, Local Government, Lagos State
Universal Basic Education Board, Teachers Establishment and Pension
Office and parastatals of government, under the Contributory Pension
Scheme for the month of May.
A statement from the Lagos State Pension
Commission said the payment brought the number of retirees paid between
August 2015 and May, 2016 to 3,344.
It stated that the total accrued pension
rights under the Pay-as you-go pension scheme paid on behalf of
retirees by the state government from the period was N14.70bn.
The Director-General, LASPEC, Mrs.
Folashade Onanuga, disclosed this while speaking at the 27th retirement
benefit bond certificate presentation ceremony in Lagos.
Onanuga, who was represented by the Head
of Technical Directorate, LASPEC, Mr. Olawale Otun, advised the
retirees/beneficiaries to make judicious use of the money.
She informed the pensioners that the
activities of fraudsters who always called retirees to inform them of
alleged short payments in their entitlements had been reduced
drastically, due to the steps the commission took, including
sensitisation.
“Nonetheless, you still have to be vigilant and smart,” the LASPEC DG advised.
The statement added that Onanuga emerged
as the Pension Amazon of the Year and the Lagos State Government was
recognised as the most pension-compliant state in the third edition of
Business Today Online Pension and Insurance Awards 2015.
The LASPEC DG disclosed that the dynamism and commitment of the state had made the CPS to be a success compared to other states.
She also said that the contributions of
the state to the pension scheme administration in Nigeria had been
praised and adjudged as an effort hinged on professionalism.
No comments:
Post a Comment