Ademola Adeleke, the governor of Osun State, has granted permission for the distribution of bond certificates worth N2.1 billion to pensioners.
According to Gistlover, the certified bond certificates cover retirees under the state and municipal government contributing pension schemes.
This discovery was made by the Osun State Head of Service, Samuel Ayanleye Aina, in a statement issued on Wednesday.
Aina stated that the bond certificates would be delivered to the beneficiaries on Thursday at the LG service commission hall.
The recipients of bond certificates, according to Aina, include retired employees of Local Government Areas, Local Council Development Areas, Area Councils, Ministries, Departments & Agencies (MDAs), Secondary Schools, Tertiary Institutions, and Parastatals.
He stated, “The Governor of Osun State, His Excellency, Senator Ademola Jackson Nurudeen Adeleke, has graciously approved the release of bond certificates worth N2.1bn for the payment of accrued right benefits of another batch of Retirees under the Contributory Pension Scheme at the State and Local Government levels.”
Aina stated that the governor’s action was in line with one of his campaign pledges, adding that Adeleke wants to ensure that the welfare of the state’s retirees and active workers is given due attention throughout his tenure.
“Accordingly, His Excellency, the Governor, will preside over the presentation of the Bond Certificates to the beneficiaries tomorrow, Thursday, 10th August, 023,t the Local Government Service Commission Hall, Abere a,t 10.00 a.m,” Aina noted.
