Lagos pays N35bn into 8,731 retirees’ accounts

Lagos State government said it had paid over N35 billion into the Retirement Savings Accounts of about 8,731 retirees, deceased or withdrawn staff since 2015. Commissioner for Establishment, Training and Pensions, Dr. Akintola Benson- Oke, disclosed this during the 2018 Ministerial Press Briefing to mark the third anniversary of the administration of Governor Akinwunmi Ambode. Benson-Oke said that the state had also been consistent in the Pension Reductions and Remittances with the help of automation of the payroll system. According to him, government had paid over N9 billion as terminal entitlements of retirees in the last one year alone.

He said: “There have been regular deductions of 7.5 per cent of monthly basic salary, rent and housing allowances from the salaries of staff and corresponding 7.5 per cent by the state government into the Retirement Savings Accounts maintainedbythemwith their appointed Pension Funds Administrators (PFAs). This has been achieved due to automation of the payroll which automatically ensures deductions/ remittances of pension contributions.” Giving ministry’s scorecard, especially on the training organised in the last one year for the civil servants, the commissioner stressed that government played crucial role in informing the workers, at the verge of retirement, on the steps expected to take to facilitate the quick processing of their terminal entitlements among others. Benson-Oke added that the ministry had also been consistent in the payment of pension, death benefits, continuous sensitisation of retirees on the activities of scammers.

He said: “One of the notable services embarked upon this year relates to extensive capacity building and manpower training through private sector sponsored. We secure His Excellency’s authorisation to pursue and implement a set of ‘Outsidethe- box’ initiatives that will exponentially expand the execution of the mandate of the ministry in the area of manpower training with scarce government resources.”

The commissioner hinted that nine top government officials, among others, took part in the international training while the training programmes developed for 2018 cut across all cadres of the state civil service which comprise local workshops/ conferences and seminars, in-plant and tailor-made workshops and international workshops/seminars and conferences. Benson-Oke eulogised the labour unions in the state for a mutual working relationship with the government. The commissioner said the strikes by the labour unions, which hitherto affected governance as a result of unhealthy relationship between the government and the union, were no longer in vogue.

Related posts

Leave a Reply