The Inspector-General of Police, Olatunji Disu, has proposed a 200 per cent gratuity for retired police officers as part of efforts to address longstanding pension challenges in the Nigeria Police Force.\n<\/p>\n
The proposal is being considered by a presidential committee established to examine the concerns of police personnel and recommend sustainable solutions to the pension crisis.\n<\/p>\n
The committee comprises representatives of the Ministry of Finance, the Office of the Accountant-General of the Federation, the National Salaries, Incomes and Wages Commission, the Budget Office of the Federation and the National Pension Commission.\n<\/p>\n
\u201cThe IG has intensified efforts to secure improved retirement benefits for personnel of the Nigeria Police Force, proposing a 200 per cent gratuity for retired officers as part of wider reforms to address longstanding pension challenges.<\/p>\n
\u201cUnder the proposed arrangement, eligible officers could retire on pension benefits linked to their last salaries, alongside the enhanced gratuity.<\/p>\n
\u201cThe package is also expected to address recurring protests by serving officers seeking to exit the Contributory Pension Scheme, a contentious issue within the force,\u201d it partly read.\n<\/p>\n
The proposal is also expected to address persistent protests by serving police officers demanding their exit from the Contributory Pension Scheme.<\/p>\n
The initiative seeks to resolve outstanding pension liabilities, improve retirement benefits and establish a more efficient pension administration system. <\/p>\n
It also proposes extending the reforms to officers who retired before the implementation of any new framework, with provisions to review their benefits in line with any revised terms.\n<\/p>\n
President Bola Tinubu\u2019s intervention in the police pension crisis has raised hopes among retired officers who have complained about inadequate benefits, delayed payments and administrative bottlenecks.\n<\/p>\n
The Federal Government has reportedly cleared outstanding pension payment backlogs that previously left some retirees waiting for up to two years.\n<\/p>\n
It has also introduced pension increases, with some beneficiaries receiving nearly double their previous payments.\n<\/p>\n
Disu\u2019s engagement with the Presidency, PenCom and other relevant institutions is expected to sustain efforts to resolve the challenges, particularly those relating to funding, outstanding liabilities and benefit administration.\n<\/p>\n
However, the proposed 200 per cent gratuity has yet to be approved and remains subject to the committee\u2019s recommendations, government approval, funding arrangements and implementation guidelines.<\/p>\n
The final decision will determine the eligibility criteria and whether the proposed changes will apply to serving officers approaching retirement and existing pensioners.\n <\/p>\n","protected":false},"excerpt":{"rendered":"The Inspector-General of Police, Olatunji Disu, has proposed a 200 per cent gratuity for retired police officers as…\n","protected":false},"author":2,"featured_media":814028,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[251462,267181,81164,84,224738,4176,267182,225764,261030,4174,4175,56,54,55],"class_list":["post-814027","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-758bn-pension-bond","tag-aig-olatunji-disu","tag-bola-tinubu","tag-business","tag-contributory-pension-scheme","tag-finance","tag-n14bn-police-pension-fraud","tag-national-pension-commission","tag-nigeria-police-force","tag-personal-finance","tag-personalfinance","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/814027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=814027"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/814027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/814028"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=814027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=814027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=814027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}