354 retirees to get N1.78 billion bond certificates in July

The Lagos State Government will present retirement bond certificates worth N1.78 billion to 354 retirees on July 17, the Director-General of the Lagos State Pension Commissioner Rotimi Hussain, said in a statement he issued on Friday in Lagos.

Hussain said that the presentation would conclude the settlement of the 11th batch.

The director-general said that this was the retirees’ accrued rights for services to the state before April, 2007, when the Contributory Pension Scheme began.