You hold elective office for a term, you are set for life. Who can blame him?
100 percent of their annual basic salary as pension.
The sum is to be reviewed every five years or when there is salary review of the political office holders by the Revenue Mobilisation Allocation and Fiscal Commission.
The bill also aims to provide both officers with one car each and one residential house each at any location of their choice in Lagos as well as free medical treatment.
The law holds that any person who held office as an elected governor or deputy governor is entitled to an annual basic salary equal to 100 per cent of the annual salary of the incumbent governor or deputy-governor of Lagos State, subject to review every five years or salary review by the Revenue Mobilisation Allocation and Fiscal Commission in line with section 210 (3) of the constitution as amended in 2011.
http://www.premiumtimesng.com/news/headlines/177922-lagos-lawmakers-introduce-bill-to-give-speaker-deputy-life-pension-lavish-benefits.html