The Osun State Government has said that it has released N200 million to settle part of the outstanding gratuities due to the 2011/2012 retirees in the state.
This disclosure was made in a statement issued by Mr Sola Fasure, the media adviser to Governor Ogbeni Rauf Aregbesola, on Thursday, in Osogbo, the state capital, after the State Executive Council meeting.
Fasure said that the 2,006 retirees that were expected to benefit from the money would receive N100,000 each on ‘first come, first served’ basis.
He listed the beneficiaries to include 801 high school teachers, 704 civil servants and 501 others from parastatal agencies.
Fasure said that the payment would commence on Monday, February 26, adding that all retirees from local governments, elementary schools and middle schools would have their entitlements settled in instalments on that day.
The governor’s aide said that the state government also released N1 billion for the payment of 142 pensioners under the Contributory Pension Scheme.
Fasure further disclosed that among the beneficiaries were 100 high school teachers, 30 retirees from MDAs and 12 others from parastatal agencies.