Gov. Ademola Adeleke of Osun has approved the distribution of bond certificates worth N1.6 billion to 346 contributory pension system pensioners.
Mr Ibrahim Akibu, the Permanent Secretary of the Local Government Staff Pension Bureau, made the announcement on Wednesday in Osogbo.
Adeleke stated that the beneficiaries included elementary school teachers, local government employees, and other retirees.
He stated that the bond certificates were distributed to 182 primary school teachers and 164 local government employees.
Adeleke stated that the award ceremony would take place on December 21.
Adeleke said the presentation ceremony would take place on Dec. 21 .
” This is another phase in fulfilment of my open resolve to clear backlogs of salaries, pensions and emoluments issues within the public service .
“We have commenced payment of inherited half salaries and other emoluments owed public licence servants by the past administration,” Adeleke said.
According to him , the presentation of the bond certificates is a continuation of the commitment of the state government to workers welfare in and out of service.
(NAN)