Lagos pays APRs of over N1bn for September

Lagos has completed payment of Accrued Pension Rights (APRs) amounting to N1,003,716,895.59 to another set of 219 retirees for the month of September.

One of the pensioners (m) receiving his pension rights, Monday

Director-General, Lagos State Pension Commission (LASPEC) Mr. Babalola Obilana disclosed this at the recently-concluded 79th Batch Retirement Bond Presentation Ceremony. He advised the retirees to understand the available pension programme options which is the programmed withdrawal and life annuity for their pension entitlements.

He urged the retirees to be prudent in spending and informed that the Commission had resumed attending to retirees’ complaints and enquiries between 10am and 1pm daily.

He thanked tge governor for his commitment to the monthly payment to retirees despite the Covid-19 pandemic and its attendant effects on the resources of the State.

According to Obilana, this is evidence of the present administration’s commitment to the prompt payment of pensioners’ entitlements as promised and an assurance of continuous improvement in the delivery of dividends of democracy in the state.

One of the Retirees who is also a former Permanent Secretary of the Teaching Service Commission (TESCOM) Mrs. Toyin Awoseyi, appreciated the administration of Mr Governor on behalf of other retirees.

She also commended the Management and Staff of LASPEC for their pro-activeness and efficiency in the delivery of their duties.

Leave a Reply

Your email address will not be published. Required fields are marked *