Ogun State has taken significant steps to improve worker welfare by introducing an Additional Pension Benefit (APB) for retirees, aimed at addressing shortcomings of the 2014 Contributory Pension Scheme (CPS). This initiative comes in response to the previous neglect in pension payment responsibilities by former administrations, particularly concerning the funding of Retirement Savings Accounts despite payroll deductions. Governor Dapo Abiodun's administration seeks to provide relief and security for retired workers who have long faced challenges due to unpaid pension contributions.

The APB is set to operate over a ten-year period, compensating retirees who were adversely affected by non-funding of their Retirement Savings Accounts. This comprehensive approach is a significant deviation from the norm in Nigeria, where such initiatives are not widespread. In addition to the APB, the Ogun State government has demonstrated commitment to retirees by fully implementing the 2014 Pensions Act and clearing an outstanding eight-year gratuity owed to retirees from 2012 to 2020, ensuring that pensioners receive their dues promptly.

Governor Abiodun's administration's actions reflect a growing recognition of the importance of providing adequate retirement benefits for workers. By fulfilling its obligations and improving the pension system, Ogun State is setting a precedent for worker welfare within the country. The ongoing costs of the initiative and the potential benefits it offers to retirees signal a progressive shift in pension management, aiming to create a more secure future for those who have dedicated their lives to public service in the state.