By Richard Akintade, Osogbo
As part of his commitment to the wellbeing of the senior citizens in Osun State, Governor Ademola Adeleke, on Thursday released a sum of N1.528 billion bond certificates to retired workers of both State and local government in the state
A sum of N350m was equally released as gratuities to retired staff of local governments, primary schools, secondary schools, tertiary institutions, civil servants, staff of parastatals in osun State
The Governor disclosed this while presenting the bond certificates to retire civil servants held at the Local Governments Secretariat in Abere in Osogbo.
According to him, under the contributory pension scheme,” I ordered the release of a sum of N700m between November, 2022 and January, 2023 for bond certificates for retirees at the State level.
“For retirees at the local government level, I approved the sum of N828m for bond certificates for retirees in primary schools and local governments between November, 2022 and January, 2023.
” I have also acted with respect to the old pension scheme.
At the state level, from inception of the administration to the end of January, 2023, a sum of N200m has been paid as gratuity, while at the local government level, the sum of N150m has so far been released as gratuity to retired local government staff and primary school staff.
“Today, 119 retirees, cutting across the civil service, parastatals and tertiary institutions are being given their bond certificates totaling N632,952,655.56.
“For local government service, 62 retirees are to be given bond certificates totaling N205,428,602.07, while primary school retirees totaling 92 will be given bond certificates totaling N621,819,731.03
He said his administration is focused and committed to offsetting all outstanding salaries and pensions of workers in the State
Adeleke explained that his major focus is how best to resolve all outstanding workers related debts, saying it is unacceptable for a government to treat its pensioners the way the past government had done. “I had decided never to follow that path. Workers, in and out of service, deserve their due emoluments.”
He said he has chosen in the part of honour and decided to attend to the issue of half salary.
“We are paying it and we will clear all outstanding based on our people-oriented template. I am not doing you any favour. I am only fulfilling the task you voted me to do. It is in that spirit that I am extending this attention to the contributory pensioners.
Earlier, the head of service of the state, Mr Leye Aina hinted that the sum of N350million is now being released monthly for the contributory pension scheme as against the former sum of N175million.
He disclosed that a sum of N100million is being released as gratuity under the old pension scheme as against the former N50million.
Aina stated that the local government service, a monthly sum of N400million has been approved for the CPS while N150million is being released for the old pension scheme.
He, however, explained that the state government has continued the regular payment of monthly pension at the state level in the range of N500million and in the range of N348 million at the LGA level while the monthly remittances to the Pension Fund Administrators continue unabated.
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