Lagos Assembly Passes Two Bills To Moderate Pension Administration

NKECHI NAECHE-ESEZOBOR–The Lagos State House of Assembly passed two bills that seeks to moderate pension administration in the state.
The House at its Tuesday sitting took the third reading of A Bill for a Law to amend the Lagos State Pension Reform Law CAP,L52, Laws of Lagos State,2015. CAP C136,Amendment of 2018”.
After a review of the sections amended which cured the bottlenecks in the processing of exit papers from public service , stating expressly that such papers should be made available 21 days before retirement.
The amendment will hasten the access to pension benefits without the attendant delay that obtains in time past for pensioners.
After a unanimous voice vote, the house passed the bill and the Speaker, Rt.Hon. Mudashiru Obasa then directed the Clerk Barrister Olalekan Onafeko to forward the clean copy to Mr. Governor for his assent.
Also the House read for the third time, A Bill for a Law to amend the Public Office Holders (Payment of Pension) Laws, CH.P17,Laws of Lagos State 2015.
The bill seeks to weed out the excesses spotted in the payment of pensions to public office holders to those who are formally engaged elsewhere.
It also moderated the hitherto bogus pension allotted to the said officials, leaving the health and security proviso, as that bothers on maintenance of their well being. It was however stressed that the basic salary has been drastically reduced by half.
After a unanimous voice vote, the house passed the bill and the Speaker, Rt.Hon. Mudashiru Obasa then directed the Clerk Barrister Olalekan Onafeko to forward the clean copy to Mr Governor for his assent.