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OYSG adopts e-payment for retirees’ gratuity

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From Our Correspondent

The Oyo State government says it has adopted the e-payment system for the gratuities and pension of retirees to ensure a seamless and secure process.

Mr Olusegun Olayiwola, the state’s Commissioner for Establishment and Training, announced this during a three-day data capturing and e-payment exercise for retirees in Ibadan.

TheNewsZenith learnt that during the exercise, the government will capture and validate retirees’ data from June 2014 to December 2014 and June 2019 to December 2019.

Olayiwola said his ministry is also making arrangements to capture other retirees’ data.

He assured pensioners that Gov. Seyi Makinde “is committed to improving the lives of retirees and citizens in the state.”

Dr Olusegun Abatan, Secretary of the Nigerian Union of Pensioners (NUP) in the state, highlighted the benefits of e-payment for retirees.

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These include enhanced security, accuracy and speedy disbursement of gratuity.

He commended Gov. Makinde for the prompt disbursement of funds for retirees’ gratuities since 2019.

The Permanent Secretary in the ministry, Mr Olajide Okesade, also commended the state government for consistently disbursing wage awards and other dividends to retirees and civil servants.

Okesade emphasized the benefits of e-payment, which he said, eliminate risks associated with physical checks.

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