OGSG Spends Over N791m On LG, Teachers’ Monthly Pensions

The Permanent Secretary, Bureau of Local Government Pensions, Mrs. Irene Kokumo says an average of N791m are being paid as monthly pensions to retired Local Government Council workers and State Universal Basic Education Board (SUBEB) retirees, under its Transition Pension Scheme, which presently caters for a total of 11,616 retirees in the Pre-1991 category.  

            Mrs. Kokumo disclosed this while playing host to members of the State House of Assembly Commitee on Local Government and Chieftaincy Affairs led by Hon. Akeem Balogun, during the ongoing 2019 Budget Performance appraisal visit to the Bureau at Oke-Mosan, Abeokuta.

            The Permanent Secretary stated that the Bureau had been effectively managing the benefits of Pay as you Go scheme and the Contributory Pension Scheme, clarifying that its primary responsibility was that of the pre 1991 retirees, consisting of Local Government and SUBEB retirees, as well as officials still in active service.

            She stressed that the Bureau had been facilitating prompt release of retirement savings account balance to retirees who had disengaged from the Contributory Pension Scheme with a view to ensuring senior citizens enjoy better life after meritorious years of service to the councils.

            Responding, the Chairman of the Committee, Hon. Akeem Balogun while applauding the management team maintaining standard in the discharge of its duties, tasked the Bureau to come up with strategies that could assist in offsetting the outstanding gratuities of Local Government Councils and SUBEB retirees.

            In another development, the Permanent Secretary, Local Government Service Commission, Dr. Kasali Olabimtan stated that the Commission was committed to ensuring improved human capacity development of its employees in all cadres, for a more result oriented Local Government administration in the State.

            Responding, the Chairman of the House Committee on Local Government and Chieftaincy Affairs, lauded the Commission’s efforts at ensuring the sustainability of quality manpower, while encouraging quality service that would sustain the tempo of good governance.

            The lawmakers including, Honourables  Yusuf Adejojo, Atinuke Bello, Oludaisi Elemide, Adeyemi Ademuyiwa and  Abayomi Fasuwa equally appriased the budget performance of the State Ministry of Local Government and Chieftaincy Affairs, with a charge on the Ministry to set machineries in motion to encourage Local Government and Local Council Development Areas generate more revenue and block leakages for the delivery of democratic dividends to the grassroots.