Governor Abiodun made the call during a meeting with labour leaders at the Governor’s Office, Oke-Mosan, Abeokuta, where key issues affecting workers’ welfare, especially the implementation of the Contributory Pension Scheme (CPS), were discussed.
He assured the labour leadership that his administration would commence full implementation of the CPS beginning July 2025, adding that the payment structure would follow a phased 10-year plan.
According to him, the first phase would cover retirees from July 2, 2025, to July 1, 2030, while the second phase, beginning in 2026, would span July 2, 2030, to July 1, 2035.
“What is key is that we have decided to pay outstanding contributions for retirees who exit the service between July 2, 2025, and July 1, 2030. Next year, we will begin the second phase, which will cater to retirees between 2030 and 2035,” the governor said.
