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Akeredolu approves increase of pension allowances for retirees

by NewsNet Publishers
2 weeks ago
in Economy
Naira Swap: Akeredolu writes Buhari, says policy threat to 2023 polls
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Governor of Ondo State, Oluwarotimi Akeredolu, has approved the increment in the pension allowances of the retirees in the state.

Disclosing this in his office in Akure on Monday, the state’s Head of Service, Mr Kayode Ogundele, said the approval is in conformity with the consequential adjustment arising from the implementation of the national minimum wage of 2019 in the country.

ALSO READ  Elderly woman in Ondo State sets son, daughter-in-law, grandchildren ablaze

According to him, no fewer than 11,654 officers from the state civil service and 11,659 from the local governments’ service who retired before 1st January 2020, the effective date of the present minimum wage regime would benefit from the new approval.

While congratulating the pensioners in the state, Ogundele thanked governor Akeredolu for listening to the yearnings of the pensioners and prioritising the general well-being of Ondo State workers.

ALSO READ  Judge slumps, dies in Chamber in Ondo

Also reacting, the Permanent Secretary of the State Pension Transition Department, Mr Abiodun Akinseloyin, described the approval as a welcomed development, saying it would go a long way to enhance the living conditions of the retirees.

(THE PRECISION)

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