Oyetola presents N1.2billion bonds to retirees

Osun State governor, Adegboyega Oyetola, on Friday, celebrated the year 2020 Cultural Day with workers just as he presented a total sum of N1.2 billion naira bonds to all categories of retirees in the State.

The fund, according to the governor, is for the payment of terminal benefits of some retired workers under the Contributory Pension Scheme.

This is even as the governor reiterated the administration’s commitment to workers’ welfare in the State.

Presenting the bonds at the Olukemi Olufunke Kolawole Lake Resort, State Government Secretariat, Abere Osogbo, Governor Oyetola said government would continue to bring smiles to the faces of all categories of workers.

He expressed deep appreciation to workers for their commitment and dedication to service and assured them of government’s continued support.

Oyetola described the pensioners as a significant population and elder citizens who have contributed significantly and meritoriously to the uplift of the State.

He said, “Your welfare is of paramount importance to us, which is why, even in the face of limited resources, we have lived up to our word to pay your gratuity and pension as retired workers and the salaries of the serving workers.

”About two days ago, we released the sum of N50 million for the payment of gratuities of retired workers under the Old Pension Scheme. Today, we are here to further fulfil our promise to enhance your welfare.

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”We shall release the sum of N550 million naira for the payment of terminal benefits of some retired workers under the Contributory Pension Scheme, as well as another sum of N647 million naira under the Scheme for retired Local Government Employees and Elementary School Teachers in the state.

”It is in fulfilment of our resolve to pursue your interest without fail that we convened the Osun Economic and Investment Summit. We recognise that under the belly of our soil and in the minds of our hard working people lay the wealth of our State and the prosperity of our people. We shall continue to labour to unlock these potential for your welfare”, Oyetola assured.

Earlier in his remarks, the Head of Service, Dr. Festus Oyebade Olowogboyega, commended the administration of Governor Oyetola for redefining the civil service and for making life worthwhile for the workers in the state.

He commended the government for giving priority to the welfare of pensioners whose footprints had served as inspiration to active workers in the State civil service.