The Director General of the Lagos State Pension Commission (LASPEC), Folashade Onanuga, has said the State Government is set to introduce an efficient pension scheme for its workforce.
Under the new regime, retirees will be paid their gratuity (lump sum) within three months after retirement.
Speaking to NAN on Sunday, she stated that the administration would soon unveil the new regime.
Onanuga said: “Gov. Akinwunmi Ambode is working towards a three-month gratuity collection regime.
“Our amiable governor is working towards a regime that all pensioners will be able to access their gratuities within three months after retirement.”
Onanuga also said that the governor was committed to the welfare of retirees as he had cleared the backlog of pensions.
“Gov. Ambode is fully committed to retirees’ welfare as he is working towards clearing pension backlog the administration inherited under the old pension scheme known as Defined Benefit Scheme (DBS) before the Contributory Pension Scheme (CPS) was introduced in 2004,” she added.
