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BREAKING: Retiring Police To Receive 100% Final Annual Emoluments Under New Federal Government Scheme
According to the message, the scheme applies to employees who have served a minimum of 10 years at the time of retirement and provides for the payment of 100 percent of their final annual emoluments upon exit from service.
Abuja, Nigeria– The Federal Government has approved the implementation of a new Exit Benefit Scheme (EBS) that guarantees retiring employees of treasury-funded Ministries, Departments and Agencies (MDAs) payment equivalent to 100 percent of their final total annual emoluments, according to an official police wireless message obtained by Afrika Eyes.
The directive, contained in a police wireless signal dated June 2, 2026, was circulated from the Commissioner of Police, Department of Finance and Administration (DFA), Minna, to heads of departments, Area Commanders, Divisional Police Officers and the Nigeria Police Force Pension Desk.
The signal said the approval followed compliance with Section 4(4a) of the Pension Reform Act, 2014, and is aimed at ensuring the smooth implementation of the newly approved Exit Benefit Scheme for employees of treasury-funded MDAs.
According to the message, the scheme applies to employees who have served a minimum of 10 years at the time of retirement and provides for the payment of 100 percent of their final annual emoluments upon exit from service.
The National Pension Commission (PenCom) is also upgrading its Contribution and Bond Redemption Application (COBRA) platform to accommodate a dedicated Exit Benefit Scheme module for processing beneficiaries.
As part of the implementation process, PenCom directed all affected agencies to submit comprehensive details of officers who retired or are due to retire between January 1, 2026, and December 31, 2026.
The information required includes the employee’s IPPIS/GIFMIS details, Retirement Savings Account (RSA) PIN, full name, date of enlistment, retirement date, gross salary, grade level, step, employer’s name, Pension Fund Administrator (PFA), salary bank name and account number.
The returns are to be submitted in Microsoft Excel format to designated PenCom officials.
The wireless message further instructed retirees and prospective retirees to present key documents, including their retirement approval, letter of non-indebtedness, first appointment letter or attestation form, latest promotion letter, last three months’ salary slips, and bank statement for salary account verification.
Pension Desk Officers were also directed to liaise with relevant payroll authorities to ensure the accuracy of the information submitted, while eligible retirees are to be issued clearance letters addressed to their respective Pension Fund Administrators.
The police directive specifically ordered all officers who retired from January 1, 2026, as well as those scheduled to retire on or before December 31, 2026, to report to their respective State Police Headquarters’ Pension Offices for documentation within the stipulated period.
