The Lagos State Government has reaffirmed its commitment to the welfare and dignity of its workforce with the presentation of Retirement Bond Certificates worth over ₦1 billion to the 111th batch of retirees from the State’s public service.
The ceremony, held at NECA House, Alausa, was organized by the Lagos State Pension Commission (LASPEC) to celebrate the newly retired officers and appreciate their years of dedicated service to the State.
Speaking at the event, the Head of Service, Mr. Bode Agoro, who was represented by the Director of the Post-Service Department, Mrs. Bukola Durodola, congratulated the retirees for their meritorious service and successful completion of their public service careers.
Agoro urged the retirees to manage their retirement benefits prudently and to seek credible investment opportunities that would guarantee steady income and financial security in their post-service years.
He also encouraged them to take full advantage of the post-service empowerment and wellness programmes established by the State Government to promote healthy and productive living among retirees. “Retirement is not the end of the road but the beginning of a new phase of life.
The State Government is committed to ensuring that our retirees enjoy peace of mind and financial stability after service,” he said. The Director-General of LASPEC, Mr. Babalola Obilana, in his remarks, reiterated that the Sanwo-Olu-led administration remains consistent in funding the Contributory Pension Scheme (CPS) and ensuring the prompt release of accrued pension rights to retirees.
He noted that the government’s consistent payment of pension obligations has made Lagos State a model for other states in pension administration, describing it as a reflection of the State’s dedication to good governance and employee welfare. Several retirees who spoke at the event expressed gratitude to the government for its continued support and timely payment of entitlements, pledging to serve as ambassadors of integrity and discipline even in retirement.
The event featured goodwill messages, health tips, and presentations from financial institutions offering retirement planning services. With this latest bond presentation, the Lagos State Government has maintained its record as one of the few states in Nigeria that consistently honors its pension obligations, ensuring that retirees transition smoothly into a fulfilling post-service life.
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