N1.029BN has been Disbursed into RSA Account by Lagos State Government

Lagos State Government has disbursed N1.029BN into RSA account, as pension rights.

Director General of Lagos State Pension Commission, LASPEC, Mr Babalola Obilana, made this known at the 89th Monthly Bond Presentation ceremony of the Lagos State Government in Alausa, Ikeja.

The Director-General, represented by the Executive Director, Finance and Investment, Mr Olumuyiwa Oshin, said: “Governor, Mr Babajide Sanwo-Olu, has demonstrated an unwavering commitment to the welfare of retirees. The government will, within its capacity, keep putting smiles on the faces of pensioners in the State Civil Service under the discontinued Defined Benefit Scheme.”

He appreciated the persistent support of the Commissioner for Establishments, Training and Pensions, Mrs Ajibola Ponnle, especially in creating and approving initiatives to ensure that the retirees are well-engaged after service.

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