Lagos – The Lagos State Government (LASG) has issued Retirement Benefit Bond Pension Certificate worth N1.080billion to 260 retirees for April.
This is contained in a statement made available to newsmen by the Head of Public Affairs Unit of the Lagos State Pension Commission (LASPEC), Mrs Lawal Bashirat, in Lagos on Wednesday
The statement stated that the retirees cut across mainstream, local governments, SUBEB and other parastatal agencies of government under the Contributory Pension Scheme.
It said that the Lagos Sate Government under Gov. Akinwunmi Ambode had continued to pay terminal entitlements of retirees monthly since it started in August 2015.
It said the payment had brought to 3,069, the retirees paid between August 2015 and April 2016.
“The total accrued right paid by the state government from the aforementioned month till date to the retirees is N13.701 billion,” it said.
The statement said during the presentation of the 26th Retirement Benefit Bond, the Director–General of LASPEC, Mrs Folashade Onanuga, advised retirees to take meaningful decisions on how they would utilise the funds.
She advised them to be wary of pension fraudsters, who deceive pensioners and reiterated that before long, all other retirees would receive their entitlements. (NAN)