By Barth Ikiebe
The National Pension Commission says that it has deployed a framework to restore gratuity for Federal Civil Service under the Contributory Pension Scheme.
The Director-General of PenCom, Omolola Oloworaran, disclosed this in Abuja on Thursday at a Stakeholders’ Conference on the Workings of the Contributory Pension Scheme (CPS) for Employees and Pensioners of Federal Government Treasury-Funded Ministries, Departments and Agencies.
Represented by the acting commissioner, Technical at the Commission, Hon. Hafiz Kawu Ibrahim, the DG said, “Working with the office of the Head of the Civil Service, a framework has been developed to restore gratuity benefits for federal workers under CPS, in line with Section 4(4) of the PRA 2014.”
The DG added that “PenCom has enhanced pensions for over 241,000 retirees, representing 80% of those under Programmed Withdrawal. Monthly pensions rose from N12.157 billion to N14.837 billion, effective June 2025.
“Also, since July 2025, no retiree waits to access their pensions. Payments are now immediate, aligned with monthly salary releases from the Federal Ministry of Finance,” she said.
Also speaking, the Chairman of the National Salaries Income and Wages Commission, Ekpo Nta, said the Commission will partner PenCom to examine the current rate of retirement benefits and recommend appropriate mechanisms for periodic reviews of retirement benefits.
