PENCOM announces enhanced pension package for police personnel

National Pension Commission, PENCOM, has announced planned proposals connected heighten status benefits of Nigerian Police Officers nether the contributory pension scheme. 

The committee disclosed this successful a latest argumentation document. 

It stated that the determination was to find a lasting solution to the incessant agitation to exit the contributory pension strategy implicit debased pensions by Nigerian constabulary retirees.

Under the approved framework, retired constabulary officers volition person a monthly pension equivalent to 100 per cent of their last wage for life, a request that constabulary unit and retirees had consistently pushed for implicit the years.

The bundle besides provides for gratuity payments amounting to 200 per cent of yearly emoluments, a improvement expected to amended status benefits for officers substantially.

In the aforesaid vein, nether the projected arrangement, the Federal Government is expected to summation its pension publication for serving constabulary officers from the existent 10 to 20 per cent monthly portion worker publication stay 8 per cent.  

The caller arrangement, which includes a monthly pension equivalent to an officer’s past wage and accrued gratuity benefits...