The Ogun State Bureau of Local Government Pensions says that the administration of Senator Ibikunle Amosun would continue to put high priority and necessary strategies in place to ensure effective database towards assisting the Pension Fund Administrators (PFAs) in order to achieve a hitch-free pension administration.
Permanent Secretary Bureau of Local Government, Mrs. Irene Kokumo, who gave the assurance during a meeting with the PFAs at her office in Oke-Mosan, Abeokuta, said the Bureau would continue to support pension fund Administrators to serve pensioners better.
She expressed hope that after retirement, ‘’It won’t be tales of woes for retirees before getting their entitlements’’ saying it was like saving for the rainy day.
She enjoined workers to take keen interest in how their pensions were being managed, advising workers to desist from putting up nonchalant attitude on issues that concerned their lives after retirement.
Her words, ‘’I think people should be more interested in this, it has to do with our own money, it’s ignorance, we may get to a point that we may have to invite or probably organise a workshop or training to educate them and let them know the importance, so that they will be alive to their responsibilities”.
Responding, leader of the PFA delegation, Mr. Bamidele Bashorun urged their respective clients to show more enthusiasm and concern to matters relating to their pension funds, saying that “it is all about their future’’.
Meanwhile, the Bureau of Local Government Pensions has also assured the Bankers Committee of unflinching support in the discharge of its duty to the Bureau and pensioners.
Permanent Secretary of the Bureau, Mrs Afolashade Kokumo assured that the Bureau would give necessary support towards tackling the issue of loan recovery from indebted retirees.
The bankers had earlier appealed to the Bureau to assist the banks in the area of loan recovery, adding that some civil servants who had collected loans and had retired later moved their monthly pensions to other banks, thereby making it difficult to recover such loans.
In his remarks, Chairman, Abeokuta Bankers’ Committee, Mr. Olumide Adelaja, appreciated the State government for having faith in the banks, promising that the committee would continue to ensure the safekeeping of the funds entrusted with them.