Lagos prioritises pension benefits of physically challenged retirees
Lagos State government has promised to pay pensioners with physical disability or terminal illness their pensions immediately on their retirement.
The Director-General of the Lagos State Pension Commission (LASPEC), Folashade Onanuga, who stated this at the 14th Retirement Benefit Documentation Seminar for employees in the state’s public service due to retire between July and December 2018, noted that the state government gives preference to this category of retirees, so that they can take proper care of themselves at retirement.
According her, the state is passionate about its workers during and after service and to this end, LASPEC will give preference to disabled retirees and those with terminal illness, so that they can get their pension entitlements on time to address their health challenges.
She advised the would-be retirees at the seminar, to indicate if they are disabled or have terminal illness on their documents when sending them to the commission, promising that appropriate attention would be given to those in this category.
Earlier, she said, the main objective of the seminar was to educate the would-be retirees on steps to take to facilitate the quick processing of their terminal entitlements as they need financial empowerment to retire well.
Stating that the state has made monthly pension contribution a priority to ensure that retirees are comfortable in retirement, she said Lagos remains the only state that does not owe monthly pension contributions, as the deductions are regularly remitted to the custodian accounts of the employees’ preferred Pension Fund Administrators (PFAs).