The Lagos State Pension Commission (LASPEC) has paid out N1.53 billion as accrued pension rights to 742 retirees from the state’s public service.
This is according to a post on the official X handle of the Lagos State Government on Friday.
The post read in part: “The Lagos State Pension Commission (LASPEC) disbursed N1.53billion as accrued Pension rights to 742 retirees of the State Public Service at the 109th Batch Retirement Benefit Bond Certificate Presentation Ceremony, held on 10th April at the NECA House Auditorium in Alausa, Ikeja.
“The payment of the pension benefit is a testament to Mr Governor Babajide Sanwo Olu commitment and dedication to the welfare of retirees in the state and the continued efforts to ensure that retirees receive their entitlement and benefits as and when due. The present administration has and will consistently prioritize its obligation to pay pensions to retired workers on schedule.”
