The Lagos State Government says it has paid more than one billion naira to over 200 retirees under the Contributory Pension Scheme.
Babalola Obilana, the state Director General of Pension Commission, said during the 97th Retirement Bond Certificate Presentation to state retirees that the current administration recognizes the plight of workers who have served in the public sector and the need to protect their financial security.
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Obilana stated that the state has consistently implemented the Contributory Pension Scheme (CPS) since its inception in accordance with the provisions of the Lagos State Pension Reform Law of March 19, 2007, which has since been amended.
He stated that the state government, in order to secure the future of its most valuable asset, the public service, had consistently prioritized pension contributions in accordance with the CPS’s statutory requirements.
According to him, both employees and employer’s contributions are remitted promptly into employees’ RSAs after salaries are received.
He noted that “the present administration of Gov. Babajide Sanwo-Olu is presenting another set of 288 retirees with a sum of N1,062,650, 264.48 only, being their past service benefits prior to the commencement of CPS in 2007.
“We acknowledge and commemorate the labour and sacrifices of our retirees whilst in the public service, which has contributed immensely to the development of our dear state.
“The efforts of Gov. Sanwo-Olu and the present administration towards the success of the contributory pension cannot be overemphasised.
“Despite rising recurrent expenditure and the current economic climate, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible,” he said.
Obilana stated that, LASPEC constantly reviews its business processes to ensure first class service delivery to the retirees in a bid to accomplish the governor’s goal of the immediate payment of pension entitlements upon retirement from the public service.
The director general stated that the commission also worked with its stakeholders to ensure that retiring officers who had dedicated their careers to serving the state received the best care possible.
Obilana urged the elder statesmen to be wary of anyone claiming to be affiliated with the state government and offering to process or expedite their pension entitlements for a fee.
The Lagos State Government says it has paid more than one billion naira to over 200 retirees under the Contributory Pension Scheme.
Babalola Obilana, the state Director General of Pension Commission, said during the 97th Retirement Bond Certificate Presentation to state retirees that the current administration recognizes the plight of workers who have served in the public sector and the need to protect their financial security.
[wonderplugin_video iframe=”https://youtu.be/-rnfg6upJGo” lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Obilana stated that the state has consistently implemented the Contributory Pension Scheme (CPS) since its inception in accordance with the provisions of the Lagos State Pension Reform Law of March 19, 2007, which has since been amended.
He stated that the state government, in order to secure the future of its most valuable asset, the public service, had consistently prioritized pension contributions in accordance with the CPS’s statutory requirements.
According to him, both employees and employer’s contributions are remitted promptly into employees’ RSAs after salaries are received.
He noted that “the present administration of Gov. Babajide Sanwo-Olu is presenting another set of 288 retirees with a sum of N1,062,650, 264.48 only, being their past service benefits prior to the commencement of CPS in 2007.
“We acknowledge and commemorate the labour and sacrifices of our retirees whilst in the public service, which has contributed immensely to the development of our dear state.
“The efforts of Gov. Sanwo-Olu and the present administration towards the success of the contributory pension cannot be overemphasised.
“Despite rising recurrent expenditure and the current economic climate, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible,” he said.
Obilana stated that, LASPEC constantly reviews its business processes to ensure first class service delivery to the retirees in a bid to accomplish the governor’s goal of the immediate payment of pension entitlements upon retirement from the public service.
The director general stated that the commission also worked with its stakeholders to ensure that retiring officers who had dedicated their careers to serving the state received the best care possible.
Obilana urged the elder statesmen to be wary of anyone claiming to be affiliated with the state government and offering to process or expedite their pension entitlements for a fee.
The Lagos State Government says it has paid more than one billion naira to over 200 retirees under the Contributory Pension Scheme.
Babalola Obilana, the state Director General of Pension Commission, said during the 97th Retirement Bond Certificate Presentation to state retirees that the current administration recognizes the plight of workers who have served in the public sector and the need to protect their financial security.
[wonderplugin_video iframe=”https://youtu.be/-rnfg6upJGo” lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Obilana stated that the state has consistently implemented the Contributory Pension Scheme (CPS) since its inception in accordance with the provisions of the Lagos State Pension Reform Law of March 19, 2007, which has since been amended.
He stated that the state government, in order to secure the future of its most valuable asset, the public service, had consistently prioritized pension contributions in accordance with the CPS’s statutory requirements.
According to him, both employees and employer’s contributions are remitted promptly into employees’ RSAs after salaries are received.
He noted that “the present administration of Gov. Babajide Sanwo-Olu is presenting another set of 288 retirees with a sum of N1,062,650, 264.48 only, being their past service benefits prior to the commencement of CPS in 2007.
“We acknowledge and commemorate the labour and sacrifices of our retirees whilst in the public service, which has contributed immensely to the development of our dear state.
“The efforts of Gov. Sanwo-Olu and the present administration towards the success of the contributory pension cannot be overemphasised.
“Despite rising recurrent expenditure and the current economic climate, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible,” he said.
Obilana stated that, LASPEC constantly reviews its business processes to ensure first class service delivery to the retirees in a bid to accomplish the governor’s goal of the immediate payment of pension entitlements upon retirement from the public service.
The director general stated that the commission also worked with its stakeholders to ensure that retiring officers who had dedicated their careers to serving the state received the best care possible.
Obilana urged the elder statesmen to be wary of anyone claiming to be affiliated with the state government and offering to process or expedite their pension entitlements for a fee.
The Lagos State Government says it has paid more than one billion naira to over 200 retirees under the Contributory Pension Scheme.
Babalola Obilana, the state Director General of Pension Commission, said during the 97th Retirement Bond Certificate Presentation to state retirees that the current administration recognizes the plight of workers who have served in the public sector and the need to protect their financial security.
[wonderplugin_video iframe=”https://youtu.be/-rnfg6upJGo” lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Obilana stated that the state has consistently implemented the Contributory Pension Scheme (CPS) since its inception in accordance with the provisions of the Lagos State Pension Reform Law of March 19, 2007, which has since been amended.
He stated that the state government, in order to secure the future of its most valuable asset, the public service, had consistently prioritized pension contributions in accordance with the CPS’s statutory requirements.
According to him, both employees and employer’s contributions are remitted promptly into employees’ RSAs after salaries are received.
He noted that “the present administration of Gov. Babajide Sanwo-Olu is presenting another set of 288 retirees with a sum of N1,062,650, 264.48 only, being their past service benefits prior to the commencement of CPS in 2007.
“We acknowledge and commemorate the labour and sacrifices of our retirees whilst in the public service, which has contributed immensely to the development of our dear state.
“The efforts of Gov. Sanwo-Olu and the present administration towards the success of the contributory pension cannot be overemphasised.
“Despite rising recurrent expenditure and the current economic climate, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible,” he said.
Obilana stated that, LASPEC constantly reviews its business processes to ensure first class service delivery to the retirees in a bid to accomplish the governor’s goal of the immediate payment of pension entitlements upon retirement from the public service.
The director general stated that the commission also worked with its stakeholders to ensure that retiring officers who had dedicated their careers to serving the state received the best care possible.
Obilana urged the elder statesmen to be wary of anyone claiming to be affiliated with the state government and offering to process or expedite their pension entitlements for a fee.
The Lagos State Government says it has paid more than one billion naira to over 200 retirees under the Contributory Pension Scheme.
Babalola Obilana, the state Director General of Pension Commission, said during the 97th Retirement Bond Certificate Presentation to state retirees that the current administration recognizes the plight of workers who have served in the public sector and the need to protect their financial security.
[wonderplugin_video iframe=”https://youtu.be/-rnfg6upJGo” lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Obilana stated that the state has consistently implemented the Contributory Pension Scheme (CPS) since its inception in accordance with the provisions of the Lagos State Pension Reform Law of March 19, 2007, which has since been amended.
He stated that the state government, in order to secure the future of its most valuable asset, the public service, had consistently prioritized pension contributions in accordance with the CPS’s statutory requirements.
According to him, both employees and employer’s contributions are remitted promptly into employees’ RSAs after salaries are received.
He noted that “the present administration of Gov. Babajide Sanwo-Olu is presenting another set of 288 retirees with a sum of N1,062,650, 264.48 only, being their past service benefits prior to the commencement of CPS in 2007.
“We acknowledge and commemorate the labour and sacrifices of our retirees whilst in the public service, which has contributed immensely to the development of our dear state.
“The efforts of Gov. Sanwo-Olu and the present administration towards the success of the contributory pension cannot be overemphasised.
“Despite rising recurrent expenditure and the current economic climate, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible,” he said.
Obilana stated that, LASPEC constantly reviews its business processes to ensure first class service delivery to the retirees in a bid to accomplish the governor’s goal of the immediate payment of pension entitlements upon retirement from the public service.
The director general stated that the commission also worked with its stakeholders to ensure that retiring officers who had dedicated their careers to serving the state received the best care possible.
Obilana urged the elder statesmen to be wary of anyone claiming to be affiliated with the state government and offering to process or expedite their pension entitlements for a fee.
The Lagos State Government says it has paid more than one billion naira to over 200 retirees under the Contributory Pension Scheme.
Babalola Obilana, the state Director General of Pension Commission, said during the 97th Retirement Bond Certificate Presentation to state retirees that the current administration recognizes the plight of workers who have served in the public sector and the need to protect their financial security.
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Obilana stated that the state has consistently implemented the Contributory Pension Scheme (CPS) since its inception in accordance with the provisions of the Lagos State Pension Reform Law of March 19, 2007, which has since been amended.
He stated that the state government, in order to secure the future of its most valuable asset, the public service, had consistently prioritized pension contributions in accordance with the CPS’s statutory requirements.
According to him, both employees and employer’s contributions are remitted promptly into employees’ RSAs after salaries are received.
He noted that “the present administration of Gov. Babajide Sanwo-Olu is presenting another set of 288 retirees with a sum of N1,062,650, 264.48 only, being their past service benefits prior to the commencement of CPS in 2007.
“We acknowledge and commemorate the labour and sacrifices of our retirees whilst in the public service, which has contributed immensely to the development of our dear state.
“The efforts of Gov. Sanwo-Olu and the present administration towards the success of the contributory pension cannot be overemphasised.
“Despite rising recurrent expenditure and the current economic climate, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible,” he said.
Obilana stated that, LASPEC constantly reviews its business processes to ensure first class service delivery to the retirees in a bid to accomplish the governor’s goal of the immediate payment of pension entitlements upon retirement from the public service.
The director general stated that the commission also worked with its stakeholders to ensure that retiring officers who had dedicated their careers to serving the state received the best care possible.
Obilana urged the elder statesmen to be wary of anyone claiming to be affiliated with the state government and offering to process or expedite their pension entitlements for a fee.
The Lagos State Government says it has paid more than one billion naira to over 200 retirees under the Contributory Pension Scheme.
Babalola Obilana, the state Director General of Pension Commission, said during the 97th Retirement Bond Certificate Presentation to state retirees that the current administration recognizes the plight of workers who have served in the public sector and the need to protect their financial security.
[wonderplugin_video iframe=”https://youtu.be/-rnfg6upJGo” lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Obilana stated that the state has consistently implemented the Contributory Pension Scheme (CPS) since its inception in accordance with the provisions of the Lagos State Pension Reform Law of March 19, 2007, which has since been amended.
He stated that the state government, in order to secure the future of its most valuable asset, the public service, had consistently prioritized pension contributions in accordance with the CPS’s statutory requirements.
According to him, both employees and employer’s contributions are remitted promptly into employees’ RSAs after salaries are received.
He noted that “the present administration of Gov. Babajide Sanwo-Olu is presenting another set of 288 retirees with a sum of N1,062,650, 264.48 only, being their past service benefits prior to the commencement of CPS in 2007.
“We acknowledge and commemorate the labour and sacrifices of our retirees whilst in the public service, which has contributed immensely to the development of our dear state.
“The efforts of Gov. Sanwo-Olu and the present administration towards the success of the contributory pension cannot be overemphasised.
“Despite rising recurrent expenditure and the current economic climate, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible,” he said.
Obilana stated that, LASPEC constantly reviews its business processes to ensure first class service delivery to the retirees in a bid to accomplish the governor’s goal of the immediate payment of pension entitlements upon retirement from the public service.
The director general stated that the commission also worked with its stakeholders to ensure that retiring officers who had dedicated their careers to serving the state received the best care possible.
Obilana urged the elder statesmen to be wary of anyone claiming to be affiliated with the state government and offering to process or expedite their pension entitlements for a fee.
The Lagos State Government says it has paid more than one billion naira to over 200 retirees under the Contributory Pension Scheme.
Babalola Obilana, the state Director General of Pension Commission, said during the 97th Retirement Bond Certificate Presentation to state retirees that the current administration recognizes the plight of workers who have served in the public sector and the need to protect their financial security.
[wonderplugin_video iframe=”https://youtu.be/-rnfg6upJGo” lightbox=0 lightboxsize=1 lightboxwidth=960 lightboxheight=540 autoopen=0 autoopendelay=0 autoclose=0 lightboxtitle=”” lightboxgroup=”” lightboxshownavigation=0 showimage=”” lightboxoptions=”” videowidth=600 videoheight=400 keepaspectratio=1 autoplay=0 loop=0 videocss=”position:relative;display:block;background-color:#000;overflow:hidden;max-width:100%;margin:0 auto;” playbutton=”https://www.tvcnews.tv/wp-content/plugins/wonderplugin-video-embed/engine/playvideo-64-64-0.png”]
Obilana stated that the state has consistently implemented the Contributory Pension Scheme (CPS) since its inception in accordance with the provisions of the Lagos State Pension Reform Law of March 19, 2007, which has since been amended.
He stated that the state government, in order to secure the future of its most valuable asset, the public service, had consistently prioritized pension contributions in accordance with the CPS’s statutory requirements.
According to him, both employees and employer’s contributions are remitted promptly into employees’ RSAs after salaries are received.
He noted that “the present administration of Gov. Babajide Sanwo-Olu is presenting another set of 288 retirees with a sum of N1,062,650, 264.48 only, being their past service benefits prior to the commencement of CPS in 2007.
“We acknowledge and commemorate the labour and sacrifices of our retirees whilst in the public service, which has contributed immensely to the development of our dear state.
“The efforts of Gov. Sanwo-Olu and the present administration towards the success of the contributory pension cannot be overemphasised.
“Despite rising recurrent expenditure and the current economic climate, the state government has made continuous monthly payments a priority to ensure retirees access their retirement benefits as soon as possible,” he said.
Obilana stated that, LASPEC constantly reviews its business processes to ensure first class service delivery to the retirees in a bid to accomplish the governor’s goal of the immediate payment of pension entitlements upon retirement from the public service.
The director general stated that the commission also worked with its stakeholders to ensure that retiring officers who had dedicated their careers to serving the state received the best care possible.
Obilana urged the elder statesmen to be wary of anyone claiming to be affiliated with the state government and offering to process or expedite their pension entitlements for a fee.
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