Pension: Lagos signs new law
The Lagos State Pension Commission on Sunday said that Gov. Akinwunmi Ambode has signed into law the Amended Lagos State Pension Reform Law.
“It will be recalled that the state transited into CPS in April 2007 and has consistently remitted contributions into employees Retirement Savings Account . “This is to make life more comfortable for employees who retire from the state’s Public Service,” Lawal said in a statement. The commission said that under Ambode’s administration, a total number of 10,601 retirees had been paid Accrued Pension Rights of N43,630,874 billion.
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