Lagos Approves Fresh N582m Pension Payment
Governor Akinwunmi Ambode of Lagos State has approved the release of N582,195 million as payment of entitlements to over 109 retirees’ for the month of March, 2017. The Director-General, Lagos State Pension Commission (LASPEC), Mrs. Folashade Onanuga, who disclosed this during the 37th retirement benefit bond certificate presentation ceremony, held in Lagos said the state government, through LASPEC has, since the beginning of this administration paid 5,956 retirees from the mainstream Civil Service, Local Government and State Universal Basic Education Board, Teachers Establishment Pensions Office as well as other parastatals and agencies.
He said that by April 2017, the Contributory Pension Scheme (CPS) would clock 10 years of its commencement in Lagos State.
