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Lasaco Assurance Pays N353m to Families of Deceased Lagos Workers
Lasaco Assurance pays N353m to Lagos workers’ families: Lasaco Assurance Plc has finally paid N353m as insurance claims!
This was paid to the beneficiaries of 128 deceased local government and State Universal Basic Education Board employees in Lagos State.
Lasaco Assurance pays N353m to Lagos Workers’ Families
This was made known during a Presentation of Cheques Beneficiaries program in Alausa-Ikeja.
Mr. Bolaji Kayode Robert, Commissioner for Local Government, Chieftaincy Affairs, and Rural Development, highlighted the government’s efforts to prioritize the welfare of its workforce.
He stated that the Lagos State Government under the administration of Governor Babajide Sanwo-Olu has demonstrated its commitment to the well-being of local government staff.
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He said this was seen in the collaboration with Lasaco Assurance Plc by approving the disbursement of N353 million as insurance benefits to 128 beneficiaries of the deceased staff members.
The Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs, Mrs Kikelomo Bolarinwa, also commended Lasaco Assurance and Haggai Insurance Brokers.
She praised them for their accountability and diligent efforts in ensuring the seamless distribution of the insurance benefits to the beneficiaries.
The Governor of Lagos Praised For The Payment
Lasaco Assurance pays N353m to Lagos workers’ families: The Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs, Mrs. Kikelomo Bolarinwa, praised Sanwo-Olu for his commitment to the well-being of the staff and their families.
She commended Lasaco and Haggai Insurance Brokers for its pivotal role in paying insurance benefits to the beneficiaries of deceased local government staff and SUBEB employees.
She noted that they were diligent in ensuring the seamless distribution of the benefits to the beneficiaries.
Conclusion
The Federal Government has been urged to always ensure that policies on the administration of pension funds ultimately translate into financial security for civil servants after retirement.
This advice was shared by some civil servants from the southwest zone of the country under the aegis of the Association of Senior Civil Servants of Nigerian Navy, at a seminar, tagged ‘Pension Fund Administration and Retirees Benefits.’
