Categories: Osun

Adeleke Approves N1.6bn Bond Certificates For 346 Retirees

Governor Ademola Adeleke of Osun State on Wednesday afternoon, approved the release of bond certificates worth N1,625,332,835:75 for retirees who left service on the Contributory Pension Scheme.

The approval was contained in a release signed by the Permanent Secretary, Local Government Staff Pension Bureau, Mr Ibrahim Akibu, a copy obtained by Osun Defender in Osogbo.

The beneficiaries, according to Akibu were drawn from pensioners retired primary school teachers and local government staffers.

The statement read in parts, “The total beneficiaries are 346: Primary school teachers, 182 beneficiaries. Local government, 164 beneficiaries.

“The presentation of the bond certificates is a continuation of the commitment of the state government to workers’ welfare, in and out of service.

“This is another phase in fulfilment of Governor Adeleke’s open resolve to clear backlogs of salaries, pension, and emoluments issues within the public service.”

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