Lagos State Contributory Pensioners Urged to Remain Patient as Wage Award Process Nears Next Stage

By Afolabi Oyekunle.

Lagos State Contributory Pensioners have been encouraged to remain patient as the process of implementing the approved wage award continues to move forward.

This is according to a recent statement concerning the payment of the money by Comrade Johnson Olagbaiye, Principal Secretary NUPCPS LAGOS STATE COUNCIL

Comrade Olagbaiye said

the union has been working assiduously with other state stakeholders like state NLC, NUP LS Council, D G PENCOM etc to pile pressure on LASG for the acceleration of the implementation

He said according to available information, the Actuarial Evaluators have completed the calculations and assessment of the wage award approved by President Bola Tinubu.

"This marks an important milestone in the process, as the technical evaluation required for implementation has now been concluded.

The next stage is for Governor Babajide Sanwo-Olu to present the proposal to the Lagos State House of Assembly for legislative consideration. Once the House reviews and approves the proposal, the implementation process can proceed in line with the relevant legal and administrative procedures.It involves due process,"

Lagos state Governor, Babajide Sanwoolu.

He reminded the Lagos State CPS Pensioners that federal Pensioners waited for eleven months before it was implemented.

He noted that many pensioners have eagerly awaited progress on the wage award, hoping it will help improve their financial well-being in the face of rising living costs.

"While the process has taken time, the completion of the actuarial evaluation is a positive development that indicates progress is being made."

Pensioners are therefore advised to remain calm and patient as the necessary constitutional and legislative steps are completed.

According to him, stakeholders also hope that the remaining stages of the process will be handled promptly so that eligible pensioners can begin to benefit from the approved wage award as soon as possible.

The welfare of retirees remains an important issue, and timely action on the remaining approval process would provide much-needed relief and reassurance to Lagos State Contributory Pensioners.

"We pray by the time when the implementation shall come nobody among us shall be missing, we shall all reap the fruits of our labour, our labour shall never be in vain"

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