As part of his administration’s determination to settle pension indebtedness, Osun State Governor, Ademola Adeleke, on Monday distributed N1,999, 908,887.33 bond cheques to both state and local governments contributory pensioners in the state.
Speaking during the event held in Osogbo to mark his second year anniversary, Adeleke said the senior citizens deserve due attention from state leadership as a matter of duty, restating that his administration is working to standardise pension administration so as to ensure that pensioners are treated with all required dignity and timeliness.
He said, “Today, we are gathered here for the distribution of bond cheques to our contributory pensioners.
“As part of our determination to settle pension indebtedness, today we are paying out N1,999,908,887.33. This is a combination for both state and local governments.
“Today, as we mark our second year anniversary, I restate our resolute policy of standing attention to pension matters. Our leadership will continue to resolve individual and personal issues plaguing the sector. In specific terms, we are working to standardize pension administration to ensure pensioners are treated with all required dignity and timeliness.
Speaking further, the Governor disclosed that previous administrations under Rauf Aregbesola and Gboyega Oyetola had paid N34,408,087,059.77 within their 12 years rule, while his administration within two years, has paid N22,671,217,893.24 and N25 billion for local government pension respectively. Making the total amount in two years over N47 billion.
“Former Governor Aregbesola’s payment as at 2018 was a total sum of N17,152,662,351.26. Former Governor Oyetola’s payment as at 2022 was N17,255,424,708.51.
“The two previous administrations payment under a 12 year period was N34,408,087,059.77
“For our administration in the last two years plus what we are paying out today, the total payment is N22,671,217,893.24. While for local government pension stand at N25 billion. Making out payment in two years to over N47 billion.
“Our administration paid almost 70 percent under two years of what the former APC administration paid under 12 years”, he concluded.
Earlier in his addresss, The State Head of Service, Ayanleye Aina lauded the Governor for redeeming his pledge to pensioners and workers in the state.
