ITRealms:
The State Ministry of Finance in a press statement made available to ITRealms, indicated that the proposal is part of effort by the present administration to provide succour and ameliorate the effect in case of death of a staff while in active service on family members and relatives.
“The State Government has extended the Accident Insurance policy for all her employees to cover accidental acts during the active service years of the concerned staff regardless of the period of occurrence including weekends, unlike in the past where the policy was only accessible to staff who were injured during working days and hours,” part of the press read.
Lagos government also emphasised it would continue to play the lead role in prioritizing the welfare of all those in its employ while in active service and will make provision for commensurate financial welfare and succour for them in case of unexpected occurrence while on duty.
ITRealms recalled that the Lagos State Pension Reform Law 2007 stipulates that the life insurance policy will be made mandatory for employees through the appropriate insurance company to pay money that is up to three years basic emoluments of the concerned staff, comprising of basic salary, housing allowance and transport allowance as benefits for the relative in case of an employee’s death while in service.
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