Pensions: 109 Lagos retirees to get N582m

N582.19m has been earmarked by the Lagos State Government for the payment of 109 retirees’ entitlements for the month of March.As contained in a statement obtained from the Lagos State Pension Commission, the Governor Akinwunmi Ambode’s administration has paid 5,956 retirees since its inception.It stated that the retirees were from the mainstream civil service, local governments and state Universal Basic Education Board, Teachers’ Establishment Pensions Office and other parastatals of government.Mrs. Folashade Onanuga , the Director-General, LASPEC, congratulated the retirees at the 37th retirement benefit bond certificate presentation ceremony in Lagos.In the process, she was reported to have said that the Contributory Pension Scheme would be 10 years in Lagos State in April, 2017, adding that some activities had been lined up to commemorate a decade of its existence in the state.