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Lagos Approves 33% Increase In Pension For State Pensioners - Politics - Nairaland

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Lagos Approves 33% Increase In Pension For State Pensioners by EcoBrick: 10:37pm On Sep 09
September 9, 2020

By Chike Olisah

The Lagos State Governor, Babajide Sanwo-Olu, has approved a 33% increase for all state pensioners under the Defined Benefits Scheme (Pay as You Go) with effect from January 1, 2020.

He has also approved the payment of a balance of 25% rent allowance for officers on Grade Level 07 and above, whose retirement took place between May 2000 and August 2004.

The disclosure was made by the Commissioner for Establishments, Training and Pensions, Mrs Ajibola Ponnle, during a recent meeting with the members of the Nigeria Union of Pensioners.

She affirmed that both the increase and payment of the arrears would take effect from September 2020, in a bid to meet up with the harmonization exercise for the pensioners. She noted that since Sanwo-Olu’s assumption of office, he has paid a total sum of N1.893 billion to pensioners under the Defined Benefit Scheme, while also adding that all monthly pensions are paid as at when due without exception.

The commissioner maintained that all retirement bond certificates for June 2020 had been released to the Pension Fund Administrators for onward transmission to beneficiaries. She reiterated that Lagos State Government is determined to ensure that pensioners’ rights are paid promptly, while beneficiaries will continue to enjoy the dividends of democracy in the state.

Ponnle emphasized that the present administration is passionate about retirees’ welfare and will continue to acknowledge their service to the state, hence the reason for the approval which is also geared towards cushioning the effects of the pandemic.

The Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu has approved a 33% increment for all State Pensioners under the Defined Benefits Scheme (PAY AS YOU GO) with effect from the 1st January, 2020.@jidesanwoolu @lagosestab @jibolap#LASG #ForAGreaterLagos pic.twitter.com/tiWF152X4h

— The Lagos State Govt (@followlasg) September 8, 2020

https://nairametrics.com/2020/09/09/lagos-approves-33-increase-for-all-state-pensioners/

9 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Aflix(m): 4:51am On Sep 10
Good.....They should enjoy the fruits of their labour.

19 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by bsalawu: 4:52am On Sep 10
Nice one Mr Governor!

25 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Owaincouncil: 4:52am On Sep 10
Thats good mr governor

16 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by iyanumiv: 4:52am On Sep 10
GOOD ONE...

16 Likes 1 Share

Re: Lagos Approves 33% Increase In Pension For State Pensioners by chriskosherbal(m): 4:53am On Sep 10
Nice development.

12 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Hardewarlee(m): 4:53am On Sep 10
I pray we continue to hear this kind of news everyday oh !

18 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by XXLMANDIGO: 4:53am On Sep 10
Very Commendable. Sanwoolu is paying. cool

14 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by MzMercie: 4:54am On Sep 10
Great one grin



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9 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Timekeeper: 4:56am On Sep 10
Nice one Lagos.... Itesiwaju Eko lo je WA logun


Anyway, IPhone 6s 32gb for sale..Lagos

10 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Scrupulous419(m): 4:56am On Sep 10
Smart one from the lagos state government

#Smokewithme

3 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by rkumije: 4:56am On Sep 10
This is a governor that appreciates old people

7 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Salliet: 4:58am On Sep 10
Wow....mumsy need to hear this.

5 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by bikerboy1(m): 4:58am On Sep 10
The best time to be a state civil servant.

Private sector, na God go help us

7 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Mikelarteta(m): 4:59am On Sep 10
A
Re: Lagos Approves 33% Increase In Pension For State Pensioners by NaijaDonCast(m): 5:09am On Sep 10
Good one its a welcome development they should try and put things in place and start paying immediately its not easy to soil for 35 years or thereabout and be paid peanut as retiree monthly benefit its painful

1 Like 1 Share

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Simplicity777: 5:13am On Sep 10
This is worth hearing and commending. Gracias @Baba

1 Like

Re: Lagos Approves 33% Increase In Pension For State Pensioners by techstack: 5:19am On Sep 10
Lagos is on another level
More grace to initiators




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3 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by SlyIg(f): 5:38am On Sep 10
Now, tell me why God won't use the good prayers of those old retirees to bless this man?

God bless you sir.

16 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by IamWonderful: 5:42am On Sep 10
Nice move

2 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Johntemmy(m): 5:49am On Sep 10
isokay
Re: Lagos Approves 33% Increase In Pension For State Pensioners by deltateam: 5:56am On Sep 10
EcoBrick:

https://nairametrics.com/2020/09/09/lagos-approves-33-increase-for-all-state-pensioners/

I don't put increment above consistency in payment.

What matters is if they can continue paying it consistently which is doubtful.

Is it not better to ensure continuous payment than increase it only to leave office for someone who will default owing to funds.

You don't play politics with such sensitive matters. Think long-term effects.

For those that would mention me, dont tell me that you live in the moon and don't know how many pensioners have been carrying placards, being whipped for demanding their pensions.

3 Likes 1 Share

Re: Lagos Approves 33% Increase In Pension For State Pensioners by deltateam: 5:56am On Sep 10
grin angry angry angry angry sad shocked shocked sad
Re: Lagos Approves 33% Increase In Pension For State Pensioners by Bluntemperor: 5:56am On Sep 10
bikerboy1:
The best time to be a state civil servant.

Private sector, na God go help us

Our able Govnr,well done sir.it is a thing of joy to hear that Pensioners can keep up with the inflation during retirement,especially when Govt is sensitive to their cries.
Unlike some States in Nigeria and even some big Private Companies,including banks who normally milk their workers dry and even to give entitlement or increase Pensioners Pensions in a back-to-back like this Lagos Govt,find it ridiculous with lame excuses by the Management of such organization,forgetting that they too will retire one day.It is either such Organization Management have stolen so much for selfish-end or just outright wickedness to keep workers in perpetual poverty.
God bless Lagos State and this is commendable.Keep it up!

3 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by SmartPolician: 6:11am On Sep 10
Beautiful

2 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Deborah98(f): 6:19am On Sep 10
That's commendable, nice one Sanwo-olu cheesy

2 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Openbusiness: 6:20am On Sep 10
Deborah98:
That's commendable, nice one Sanwo-olu cheesy
Commendable if it were for the low level civil servants, but not commendable if highest level civil servants were included. Imagine an extra 33% increase in the pension of a former Governor, or former speaker HOR etc. Those ones their pensions are already VERY FAT, now it will even get 33% FATTER.
Re: Lagos Approves 33% Increase In Pension For State Pensioners by jaggabban(m): 6:23am On Sep 10
I want to Know why I couldn't "like", "quote" or "reply" for a week. Na offense or technicality?
Re: Lagos Approves 33% Increase In Pension For State Pensioners by Deborah98(f): 6:28am On Sep 10
Openbusiness:
Commendable if it were for the low level civil servants, but not commendable if highest level civil servants were included. Imagine an extra 33% increase in the pension of a former Governor, or former speaker HOR etc. Those ones their pensions are already VERY FAT, now it will even get 33% FATTER.
my dear our pensioners need to enjoy the fruits of their labours am talking about the ones who were diligent and faithful in their work not the governors you mentioned....

3 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by Favemmzar200(m): 6:36am On Sep 10
deltateam:


I don't put increment above consistency in payment.

What matters is if they can continue paying it consistently which is doubtful.

Is it not better to ensure continuous payment than increase it only to leave office for someone who will default owing to funds.

You don't play politics with such sensitive matters. Think long-term effects.

For those that would mention me, dont tell me that you live in the moon and don't know how many pensioners have been carrying placards, being whipped for demanding their pensions.
you get oil for your head....exactly what i wanted to say...how sure are we that they will be consistent with payment
Re: Lagos Approves 33% Increase In Pension For State Pensioners by eniolaamos7(m): 6:38am On Sep 10
Openbusiness:
Commendable if it were for the low level civil servants, but not commendable if highest level civil servants were included. Imagine an extra 33% increase in the pension of a former Governor, or former speaker HOR etc. Those ones their pensions are already VERY FAT, now it will even get 33% FATTER.
Governors are public servants and not civil servants. So they are not inclusive of this package. And besides just as you said their pension is quite moderate despite the inflation and devaluation of naira.

2 Likes

Re: Lagos Approves 33% Increase In Pension For State Pensioners by farem: 6:40am On Sep 10
deltateam:


I don't put increment above consistency in payment.

What matters is if they can continue paying it consistently which is doubtful.

Is it not better to ensure continuous payment than increase it only to leave office for someone who will default owing to funds.

You don't play politics with such sensitive matters. Think long-term effects.

For those that would mention me, dont tell me that you live in the moon and don't know how many pensioners have been carrying placards, being whipped for demanding their pensions.

Remember that this is not your state where pensioners are in mess. Stop generalising and learn to appreciate good things

6 Likes 1 Share

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