News

37 Years After, Edo Begins Payment of Arrears Owed Council Pensioners

…Says N25bn spent in clearing arrears of pensioners

By Hillary Asemota

FIRS Ad

The Edo State Government has commenced the payment of pension arrears owed retired Local Government workers between 1984 and 2021.

Commissioner for Local Government Affairs, Mr. Monday Osaigbovo, made this known in a signed statement even though he added that the payment will be in batches.

According to him, the payment is in furtherance of the Governor Godwin Obaseki-led Administration’s commitment to the welfare of workers and retirees in the state.

NCC Ad

Osaigbovo noted: “In line with the Government promise in our earlier letter dated 20th January 2023 (LGSPB/469/T1/91), the Local Government Staff Pensions Board has started the payment in batches of the huge pension arrears owed to her retired Local Government workers in the state between 1984 and 2021.”

The government’s commitment to the retirees is in line with the ongoing revamp of the state’s civil and public service, engendering responsive and technology-driven service delivery and governance models, thereby impacting greatly on the lives and productivity of the state’s public workers.

The Governor Obaseki-led state government has expended over N25 bllion in clearing the pension arrears of pensioners in the state, he added.

Osaigbovo, explained further that the state government has also implemented the Contributory Pension Scheme, as against the Derived Benefits Scheme.

This, he added is to ensure that civil servants are well-catered for after their active years in service. The state has further initiated a Group Life Insurance Policy for its civil servants and has paid over N500m to families of deceased civil servants.

Related Posts

Tax on Digital Businesses: FIRS Calls for Increased Collaboration Between African Countries, Stakeholders

Extraordinaire News

GIFTAC Foundation: Experts, Stakeholders Brainstorm on Imperative of Quality Education for National Devpt

Extraordinaire News

G77+ SUMMIT: Nigeria/Cuba to Commence MoU Implementation Soon-Nnaji

Extraordinaire News

Project 2027: CSED Trains 35 Netball Coaches, Targets I Million Girls

Extraordinaire News

ICPC’s Findings: N20.138bn Projects Duplicated in 2021 Budget

Extraordinaire News

FG Committed to Strengthening Staff Recruitment Through Transparent Mechanism

Extraordinaire News

FG LAMBASTS RCC, NIGERCAT OVER SLOW PACE OF WORK ON 107KM ENUGU-ONITSHA ROAD

Extraordinaire News

NPF to Set Up Schools Protection Squad for Children’s Safety on August 9

Extraordinaire News

TINUBU RECALLS CAREER AND NON-CAREER AMBASSADORS

Extraordinaire News

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.