Group Life Assurance Policy: Governor Adeleke Disburses Millions of Naira for Public Servants’ Next of Kin

OSOGBO – 01/06/2026 – Osunstate.gov.ng

Amidst fiscal constraints, Governor Ademola Adeleke has today disbursed a total of Two Hundred and Four Million, Two Hundred and Seventy-five Thousand, two hundred and nine naira and eighty kobo (N204,275,209.80) to the next of kin of all staff who died in active service and whose documentation have been completed in the Pension Office.

The disbursement was made up of One Hundred and Twenty-Five Million, Six Hundred and Thirty-One Thousand, Eighty-Three Naira, Forty-Five Kobo (#125,631,083.45) for the State level beneficiaries and Seventy-Eight Million, Six Hundred Fort-Four Thousand, One Hundred and Twenty-Six Naira, Thirty-Five Kobo (#78,644,126.35) for Local Government level beneficiaries.

From 2023 to date, the administration had paid a total of Eight Hundred and Eighty-two Million, Seven Hundred and Fifty-Two Thousand, Seven Hundred and Seventeen Naira, Fifty Kobo (₦882,752,717.50) to a total of One Hundred and Eighty-Four (184) beneficiaries across the entire gamut of the public service.

Under the personal accident insurance scheme, the administration had approved and released a total of One Billion, Eight Hundred and Sixty-Six Million, Seven Hundred and Nineteen Thousand, One Hundred and Twenty-Three Naira, Fifteen Kobo (₦1,866,719,123.15) being the outstanding claims of the Five Hundred and Sixty-three (563) beneficiaries covering September 2013 to 1st of August 2023.

The sharing of cheques for the new beneficiaries was held today at Osogbo with the Head of Service, Elder Ayanleye Aina representing the state governor.

In the address of the governor presented by the Head of Service, Governor Adeleke reiterated that his commitment to workers and pensioners’welfare remain unshaken despite the financial challenges facing the state, adding that “what my predecessor failed to implement is what I am executing now.

“When we stated clearly in our 5 – point Action Plan, our desire to make the welfare of the workforce and the pensioners No. 1 priority, our detractors made jest of us, describing the pledge as an impossibility. Today, to the glory of God, we have made significant progress as a talk and do administration”, the governor noted.

He explained that the Group Life Assurance Policy, under the Contributory Pension Scheme (CPS) 2008, Section 15, is designed to cater for death-in-service benefits for Osun State workforce, describing the refusal of the previous government to commit to its settlement as inhumane and uncharitable.

The governor faulted the previous administration for foisting and condoning irregularities in the payment of Premium to the Insurance Company for the settlement of claims to the beneficiaries.

To correct the anomalies, Governor Adeleke said his administration approved the engagement of VALANIS Insurance Brokers Ltd., as the lead Broker while Capital Express Assurance Plc was engaged as the Lead Insurance Underwriter in August 2023.

“Since then, my Administration had paid a total of Eight Hundred and Eighty-two Million, Seven Hundred and Fifty-Two Thousand, Seven Hundred and Seventeen Naira, Fifty Kobo (₦882,752,717.50) to a total of One Hundred and Eighty-Four (184) beneficiaries across the entire gamut of the public service.

“It is also heartwarming that the Insurance Company has added another package known as Personal Accident Insurance (PAI) to the Group Life Assurance Scheme for the State Workforce, which is a free package. Under this package, each officer of the workforce, no matter the Grade Level, is entitled to a sum of One Million (N1,000,000.00) Naira only, for the payment of Medical Expenses for all accidents resulting in bodily injuries.

“This new addition is no doubt a reflection of my commitment to the welfare of all staff in the Public Service. Three (3) of our insured workers had benefitted from this policy to the tune of millions naira.

“As an advocate of politics without bitterness and as one who is committed to the welfare of the entire workforce, dead or alive, I have approved and released a total of One Billion, Eight Hundred and Sixty-Six Million, Seven Hundred and Nineteen Thousand, One Hundred and Twenty-Three Naira, Fifteen Kobo (₦1,866,719,123.15) being the outstanding claims of the Five Hundred and Sixty-three (563) beneficiaries covering September 2013 to 1st of August 2023.

“This was what our predecessors failed to do thereby making life difficult for the beneficiaries.

“Despite our present financial challenges, we have continued to fulfil our electioneering campaign promises on staff welfare and funding of the pension industry.

“This morning, cheques of Two Hundred and Four Million, Two Hundred and Seventy-five Thousand, two hundred and nine naira and eighty kobo (N204,275,209.80) will be distributed to the beneficiaries. This made up of One Hundred and Twenty-Five Million, Six Hundred and Thirty-One Thousand, Eighty-Three Naira, Forty-Five Kobo (#125,631,083.45) for the State level beneficiaries and Seventy-Eight Million, Six Hundred and Forty-Four Thousand, One Hundred and Twenty-Six Naira, Thirty-Five Kobo (#78,644,126.35) for Local Government level beneficiaries”, the governor told the elated beneficiaries.

Responding on behalf of other beneficiaries, Alhaji M.K. Bello, a retired Director of Administration, commended Governor Ademola Adeleke for approving the reorganisation and disbursement of the cheques, describing the Governor as God-sent.

According to him, “the holistic attention to workers’ Welfare by Governor Adeleke is unprecedented in the history of Osun governance”, adding “we are grateful”.

Signed:
Mallam Olawale Rasheed,
Spokesperson to the State Governor.