Amosun. Pays N5.1bn Pensions in 8 Months

By on October 17, 2017

By Olamide Abey

Mr Babatunde Agbaje, the Permanent Secretary, Ogun Bureau of Pensions , on Thursday, said that the state government had paid the sum of N5.1billion as pensions between January and August.

Agbaje made this known during an oversight visit of the State Assembly Committee on  Establishment and Public Service Matters to the Office of the State Head of Service in Abeokuta.

He explained that the state government had also approved the payment of gratuity in the sum of N3.1billion to some pensioners in the first quarter of 2017.

The permanent secretary stated that the Bureau of State pensions conducted “I am alive exercise” for the state pensioners in the Month of May.

“The physical verification exercise was targeted to screen 12,571 pensioners but only 11,153 participated recording 88.72 per cent success.

“During which pensioners were upgraded by passport and biometric capturing.

“A sum of N27.9million was saved for the state government in respect of the unscreened 1,418 pensioners on monthly basis from the exercise, “he said.

Agbaje noted that the integration of technology into the management of Pension Fund Administration in the State would checkmate the usual bureaucracy in processing retirement benefits to intending retirees.

He explained that the Bureau was faced with inadequate modern computer systems which were needed for enhancement of staff productivity.

He stated that non availability of utility vehicles for the Bureau had been hindering the operations of the Bureau.

Responding, House Committee Chairman, Mr Razak Oduntan, urged the bureau to always ensure prompt payment of pensions to the pensioners.

Oduntan said that the committee would continue to make laws that would be of benefits to the pensioners and the people of the state.

About editor

Leave a Reply

Your email address will not be published. Required fields are marked *

WP Facebook Auto Publish Powered By :