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Commissioner explains Lagos Pension Law

The Commissioner for Establishment, Training and Pensions, Dr. Akintola Benson Oke, says Section 7 of the Lagos State Contributory Pension Scheme Law of 2007 recognises annuities as one of the investment options to which retirement savings account can be put, because annuities represent a responsible and effective tool that ensures the availability of funds to pensioners in a regular and prudent manner.

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