Osun

9,130 Osun Pensioners Demand Release of Outstanding Entitlement Bonds

ByHafsoh Isiaq

PublishedJanuary 15, 2026

Retirees under the umbrella of the Independent Unbonded Contributory Pension Scheme (IUCPS) in Osun State have appealed to the state government to promptly release entitlement bonds owed to them for the past nine years.

The group, which comprises pensioners from the civil service, primary and secondary schools, tertiary institutions, and local government system, made the appeal in a statement issued in Osogbo.

Speaking on behalf of the retirees, the chairman of the group, Moses Fayemi, told journalists that a total of 9,130 members have suffered severe hardship due to the continuous withholding of their entitlements by successive administrations.

According to Fayemi, several members of the IUCPS who retired between 2017 and 2025 are yet to receive any payment.

“A number of our members retired between 2017 and 2025, yet many of us have not received any payments to date. We are approximately 9,000—made up of about 5,000 retirees from the local government system and about 4,000 from the civil service and tertiary institutions. In total, around 9,130 retirees are currently affected by the non-payment of these bonds,” Fayemi said.

He noted that despite several appeals to the government, the retirees were repeatedly asked to continue waiting, with officials citing a lack of funds.

“More recently, we were informed that our bonds would only be paid after the release of local government allocations. Unfortunately, we have no clear information on when that allocation will be released,” he added.

Fayemi stressed that the payment of the entitlement bonds is long overdue, especially as some members who retired as far back as 2017 are now entering their ninth year without receiving their benefits.

He explained that primary school retirees who exited service between 2017 and 2025 remain unpaid, while secondary school retirees were last paid up to June 2020, leaving those who retired from July 2020 to date without payment.

“The same situation applies to retirees from the civil service, tertiary institutions and the local government system, where payments were only made up to 2022. This is the current reality we face and it highlights the urgent need for government intervention,” Fayemi said.

While noting that the group is not issuing any ultimatum, Fayemi appealed to the state government to urgently address the issue and release the outstanding payments, particularly as the gubernatorial election approaches.

“We are appealing to the Osun State Government to release these payments, as we have endured an excessively long and painful delay,” he said.

Hafsoh Isiaq

Hafsoh Isiaq is a graduate of Linguistics. An avid writer committed to creative, high-quality research and news reportage. She has considerable experience in writing and reporting across a variety of platforms including print and online.