By Onyeanya Ebere Immaculata
The National Pension Commission (PenCom), has urged the Federal Government to increase its pension contribution for police officers from 10% to 20% to improve retirement benefits and address welfare concerns.
PenCom Director-General, Ms. Omolola Oloworaran, made the call during a visit to Inspector General of Police Kayode Egbetokun at Force Headquarters, Abuja.
The visit came after recent protests by retired officers demanding better welfare and withdrawal from the Contributory Pension Scheme (CPS).
In a statement on Thursday, PenCom said it is also proposing key reforms, including a health insurance scheme for retirees, raising monthly pensions to 75% of a police officer’s final salary, expanding the Retirement Resettlement Fund, and overhauling the police pension structure.
On calls for the police to exit the CPS, Oloworaran said such a move was unnecessary, stressing that ongoing reforms would address officers’ concerns. She urged patience and continued dialogue.
Egbetokun welcomed the proposals, commending PenCom’s responsiveness and pledging the Force’s cooperation in resolving pension issues.
Earlier this month, President Bola Tinubu directed PenCom to tackle long-standing challenges in police pensions, emphasising that law enforcement personnel must retire with dignity and security.
