Lagos Retiree get 33% Pension raise

Retired officials of the Lagos State Government are now to enjoy thirty-three percent increment in their pensions.

The pension raise comes under the Defined Benefits Scheme of the state government, and the implementation is backdated to January this year.

Following the approval by Governor BABAJIDE SANWO-OLU, all retirement bond certificates for June 2020 have been released to the Pension Fund Administrators for onward transmission to beneficiaries.

PONNLE said that the Lagos State government was determined to ensure that pensioners are paid their entitlement as at when due.

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