266 Lagos retirees get N784.6m

LagosLagos State Pension Commission (LASPEC), Director-General (DG) Mrs. Folashade Onanuga said another batch of 266 retirees in the state has received their retirement bond certificates for a sum of N784.69 million accrued pension rights.

The DG in a statement said the retirees received their bond certificate at the 64th Retirement Benefit Bond Certificate presentation ceremony, which held at the NECA House, Ikeja, Lagos.

She reiterated Governor Babajide Sanwo-Olu’s commitment retirees’ welfare, adding that their welfare is very dear to him heart and he is committed to ensure the payment of accrued pension rights continues monthly.

She advised the retirees not to succumb to any pressure in the choice of annuity or programmed withdrawal benefit options. She took time to explain in details the two options adding that individual circumstance should be considered before making a choice.

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