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Regional News of Tuesday, 23 November 2021

Source: www.mynigeria.com

Osun pensioners embark on peaceful protest By Francis Ezediuno, Osun

The protesting pensioners in Osogbo The protesting pensioners in Osogbo

The Osun State contributory pensioners are at the moment protesting in front of the Osun State Government Secretariat, Abere.

This recent protest by the contributory pensioners in the state is coming after the state government announced on Tuesday the release of N708 million for the payment of pensions to retirees.

The breakdown of the payment indicated that the sum of N508 million was approved to pay pensions of retired civil servants under the Old Pension Scheme while the sum of N150 million was approved to pay selected retirees based on merit under the Contributory Pensions Scheme.

Also, the sum of N50 million will be used to offset part of the gratuities of retired officers under the Old Pensions Scheme.

Details later ...

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