The Lagos State Government has once again demonstrated its commitment to the welfare of its workforce as it celebrated the 111th batch of retirees with the presentation of Retirement Bond Certificates of over N1billion.
During the event, held at NECA House, Alausa, the Head of Service, Mr. Bode Agoro, represented by the Director of the Post-Service Department, Mrs. Bukola Durodola, advised the retirees to invest wisely and take advantage of post-service empowerment initiatives and wellness programmes provided by the State Government
Agoro commended Governor Babajide Sanwo-Olu for approving N1.003billion for the payment of accrued pension rights to 465 retirees across the state’s civil service, local governments, State Universal Basic Education Board (SUBEB), the Teaching Service Commission (TESCOM) and parastatals.
He noted that the gesture reflects the Governor’s compassion and dedication to ensuring that those who have served Lagos faithfully are not forgotten.
He reminded the retirees that their pension benefits were designed to sustain them in retirement.
Agoro lauded Governor Sanwo-Olu and LASPEC for maintaining a transparent and reliable pension administration process.
In his welcome address, the Director-General of LASPEC, Mr. Babalola Obilana, expressed deep appreciation to the State Government for consistently prioritizing workers’ welfare despite prevailing economic challenges.
He noted that under the leadership of Governor Sanwo-Olu, Lagos has remained a model for pension administration in Nigeria, ensuring prompt and transparent disbursement of retirement benefits.
Obilana reaffirmed LASPEC’s dedication to ensuring that every retiree who served the State receives their entitlements without delay.
He said: “Our duty at LASPEC is to ensure that no one who has served Lagos faithfully leaves without receiving what is due to them. We have leveraged automation, data management, and collaboration with Pension Fund Administrators to enhance transparency and efficiency,” he said.
He congratulated the retirees and encouraged them to invest prudently, remain active, and enjoy a peaceful and rewarding retirement.
In his goodwill remarks, the Executive Director of LASPEC, Mr. Olumuyiwa Oshin, encouraged the retirees to “refire, not retire,” noting that retirement is not an end but the beginning of a new chapter filled with opportunities for service and fulfillment.
Meanwhile, LASPEC has again prepared over 1000 public servants from the State Public Service for retirement.
The would-be retirees were provided with detailed information and comprehensive assistance during the 29th Retirement Benefit Documentation Seminar in order to transition effortlessly to the next chapter of their lives.
