In a bid to alleviate financial burdens on civil servants, the Oyo State Government has cancelled the collection of N4,000 administrative fee for retirees.
This was contained in a statement made available to newsmen by the Commissioner for Establishments and Training, Hon. Olusegun Olayiwola, citing Governor Seyi Makinde’s commitment to enhancing retirees’ welfare.
Olayiwola added that previously, retirees were required to pay N4000 administrative fee to access the retirement form at the Ministry of Establishments and Training.
However, with the Governor’s directive, an electronic administrative form has been designed online at no cost to retirees.
He stated that this decision reflects the Governor’s efforts to prioritize retirees’s well-being, adding that the Executive Governor, Engr. Oluseyi Makinde increased the gratuity payment to N500million monthly from the N250million previously paid.
This, he said has jacked up the number of retirees that received their gratuity monthly, seamlessly.
Olayiwola emphasised that the abolition of the administrative fee is a significant step towards reducing financial stress on retirees.
It also underscores the government’s dedication to streamline the process and eliminate unnecessary costs.
He recalled that recently Oyo State Government initiated e-payment of gratuity benefits which is a seamless and secure transaction.
He added that the developments demonstrate the administration’s focus on promoting retirees’s welfare and well-being.
The Permanent Secretary, Mr. Olajide Okesade appreciated the abolishment of the form as lessening financial bondage on retirees and demonstrating genuine concern for retirees’s welfare.