The Lagos State Pension Commission has paid about N904 million has been paid to retirees of Lagos State Civil Service, Local Governments, State Universal Basic Education, Teachers, Establishment and Pension Office and other Parastatals, under the Contributory pension Scheme, CPS,as pension entitlements last month.
Director-General of the Commission, Folashade Onanuga, who disclosed this in a statement said the retirees numbering 243 received their bond certificates during the presentation of the 24th Retirement Benefit Bond Certificates held in Lagos.
She said the payment has brought the number of retirees paid between August last year to February, this year, to 2,652 with the total accrued rights paid from the aforementioned month to date standing at N11. 556 bn.
Onanuga urged the retirees to be cautious of unscrupulous elements, who might want to deprive them of their entitlements through lofty business ideas.
She also appealed to them to be wary of fraudsters, who put calls through to retirees, informing them of alleged short payments in their entitlements.
The fraudsters, she dsiclosed, request for tokens into specified bank accounts so that a short fall amount can be paid by the National Pension Commission (PenCom) in Abuja.
She reiterated that no retiree in the State Service has accrued rights to collect from the Federal Government and anyone requesting to help them process an entitlement that is non-existent is a scammer.
