ABUJA, Nigeria (VOICE OF NAIJA)-Governor Seyi Makinde of Oyo State has approved the immediate implementation of the Contributory Pension Scheme (CPS) for public servants in the state, the Chairman of the Oyo State Pensions Board, Tunji Adekunle, has announced.
The development was disclosed in a statement issued on Thursday by the Commissioner for Information, Dotun Oyelade, and made available to journalists in Ibadan.
According to the statement, Adekunle conveyed the approval through a circular issued on Wednesday by the Permanent Secretary, Post Service Board, Rev. Adekunle Victor Adesola, to all Ministries, Departments and Agencies (MDAs), as well as civil and public servants across the state.
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“The scheme will apply to officers employed into the service of Oyo State with effect from January 1, 2025, while the Contributory Pension Scheme will officially commence on July 1, 2026,” the chairman said.
Adekunle explained that under the approved framework, the Oyo State Government will contribute 12 per cent, while employees will contribute eight per cent of their salaries to the pension scheme.
He added that the state government had also approved the immediate payment of accrued pension benefits to all affected employees upon the commencement of the scheme.
To facilitate implementation, Adekunle directed all MDAs to submit comprehensive lists of employees recruited into the Oyo State Civil and Public Service from January 1, 2025, using the prescribed Excel-format template attached to the circular.
“The submissions are to be made in both hard and soft copies to the Board,” Adekunle said.
He further directed each ministry, department and agency to designate a Pension Desk Officer who will serve as a liaison between the respective MDA and the Oyo State Pensions Board.
“This measure is aimed at facilitating effective coordination, capacity building, accountability and the seamless processing of all matters relating to the Contributory Pension Scheme (CPS). The details of the nominated Desk Officer should include full name, designation/post, grade level, WhatsApp number, email address and phone number,” Adekunle said.
The circular also directed that all requested information and relevant documents be submitted to the Board on or before Monday, June 22, 2026.