Ogun Releases ₦6.75bn For Gratuity, Additional Pension Benefits
- On Friday, the Ogun State Government released ₦6.75 billion for gratuities and additional pension benefits to retirees, the Ogun State Head Olanrewaju Saka announced.
- Of the total, Saka stated that ₦2.751 billion covers gratuity for 432 beneficiaries, while ₦4 billion funds Additional Pension Benefits for eligible retirees from July 2025 onward.
- The Additional Pension Benefit bridges the gap between the Defined Benefit Scheme and the Contributory Pension Scheme, providing extra support to retirees receiving lower benefits under the newer system.
- Governor Dapo Abiodun remains committed to addressing outstanding pension obligations systematically, aiming to enable public servants to approach retirement with greater confidence and financial security.
- Saka emphasized that the Additional Pension Benefit remains separate from retirees' existing Retirement Savings Accounts, ensuring the new benefits do not reduce accumulated funds.
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Nigeria: Ogun Releases N6.75bn for Gratuity, Additional Pension Benefits
Press Release - The Ogun State Head of Service said that N2.751 billion was released to pay gratuity to 432 beneficiaries, while another N4 billion was released for the payment of additional pension benefits to eligible retirees from July 2025 to date.
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The Podium MediaOgun releases N6.75bn for gratuity, additional pension benefits
The Ogun State Head of Service said that N2.751 billion was released to pay gratuity to 432 beneficiaries, while another N4 billion was released for the payment of additional pension benefits to eligible retirees from July 2025 to date.
FG disburses N1.1bn to retirees under new Exit Benefit Scheme
The Federal Government has already disbursed N1.1 billion to 175 retirees under treasury-funded Ministries, Departments and Agencies, MDAs. The National Pension Commission, PenCom, disclosed this in a statement on Friday. The commission said the retirees exited the Federal Public Service between January 1 and August 31, 2026. According to the commission, the payment is being made […] FG disburses N1.1bn to retirees under new Exit Benefit Scheme
Federal Government Begins Payment Of Additional Exit Benefits To Retiring Civil Servants
The Federal Government has begun payments of Additional Exit Benefits to retirees of Treasury‑funded Ministries, Departments and Agencies (MDAs). Approximately ₦1.1 billion has already been disbursed to 175 retirees who left the Federal Public Service between 1 January and 31 August 2026. The payments are being made under the Federal Government Exit Benefit Scheme (EBS), [...]
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