Gov. Gboyega Oyetola of Osun state has released N1.1 billion for the payment of pensions of retired civil servants in the state.
In a press release signed by the Head of Service, Dr Festus Olowogboyega Oyebade, obtained in Osogbo, a sum of N 600,000,000, of the released amount was for the settlement of retired Primary School teachers and Local Government workers.
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Olowogboyega said that the remaining N500 million was approved for the payment of civil servants under the contributory pension.
He said the selected retirees would get their bonds on June 2.
Olowogboyega also said that the list of beneficiaries had been pasted on the notice board of the Ministry of Information and Civic Orientation, the State’s Pension Bureau and the Office of the Head of Service.