299 Retirees Get N1.2 Billion Pension From Lagos State GovernmentAyo Balogun, LagosNo fewer than 299 retired public servants have received the sum of N1.2 billion as their pensions from the Lagos State Government. “Lagos State has continued to set the pace for stakeholders in the pension industry. The state has been the only state to have paid N22.7 billion to 4,199 retirees who retired from the public service from inception of the CPS till date. Hussain urged the retirees to immediately proceed to their Pension Fund Administrators (PFAs) for necessary documentation since they must have made up their minds on either of the exit options available under the Contributory Pension Scheme. He, however, assured the retirees of guaranteed maximum protection of their retirement benefits, saying that the Lagos State Pension Commission has confidence in the ability and capability of the six Pension Fund Administrators and the five Insurance Companies to serve them adequately and satisfactorily.