Lagos State Pensioners have applauded Governor Babajide Sanwo-Olu for granting the request for periodic pension increases like their Defined Benefit Scheme ( DBS ) counterparts.
The applause came from the Chairman, Nigeria Union of Pensioners, Contributory Pension Scheme, CPS, Mr Michael Omisande, in a statement on Thursday in Lagos.
He said the CPS Pensioners are happy that the Governor welcomed the idea of the Director General of, the National Pension Commission, PENCOM, that pensioners should also benefit from the government’s welfare package to boost their monthly income.
Comrade Omisande implored the Governor to look into pension increment from 2007 till date, including the 32,000 Wage Award and the 28 and 20 percent pension increment recently approved for DBS Pensioners in the State.