Governor Ademola Adeleke of Osun State has granted approval for the release of bond certificates valued at N2.1 billion to retirees who participated in the contributory pension scheme at both the state and local government levels.
The State's Head of Service, Samuel Ayanleye Aina, revealed that the bond certificates will be presented to the beneficiaries during a ceremony at the LG service commission hall on Thursday.
Aina stated, 'The release of bond certificates worth N2.1 billion for the payment of accrued right benefits to another group of retirees under the Contributory Pension Scheme at the State and Local Government levels has been graciously approved by His Excellency, Governor Ademola Jackson Nurudeen Adeleke of Osun State.'
This initiative aligns with one of Governor Adeleke's campaign pledges, emphasizing his commitment to prioritizing the well-being of pensioners and active workers throughout his tenure.
The beneficiaries of this generous gesture encompass retired staff members from various entities, including Local Government Areas, Local Council Development Areas, Area Councils, Ministries, Departments & Agencies (MDAs), Secondary Schools, Tertiary Institutions, and Parastatals.
Governor Adeleke himself will preside over the presentation of the Bond Certificates, scheduled to take place on Thursday, August 10, 2023, at the Local Government Service Commission Hall in Abere, beginning at 10:00 a.m."