Nigerian Police Confirm New 100% Exit Benefit Scheme For Retiring Treasury-Funded Workers
Nigerian Police Confirm New 100% Exit Benefit Scheme For Retiring Treasury-Funded Workers
The wireless message, dated July 10, 2026, referenced an earlier directive from the Commissioner of Police, Pension Office (PenFor), Abuja, informing police commands of the Federal Government’s approval of the scheme.
Apolice wireless message has revealed that the Nigerian government has approved the implementation of a new Exit Benefit Scheme (EBS), under which eligible employees of treasury-funded Ministries, Departments and Agencies (MDAs), including the Nigeria Police Force, will receive 100 per cent of their final total annual emoluments upon retirement.
The signal obtained by SaharaReporters, was transmitted from the Assistant Inspector-General of Police (AIG), Zone 5 Department of Finance and Administration (DFA), Benin, to all Zonal Heads of Departments.
The wireless message, dated July 10, 2026, referenced an earlier directive from the Commissioner of Police, Pension Office (PenFor), Abuja, informing police commands of the Federal Government’s approval of the scheme.
According to the signal, which cited Reference No. CH:8475/DFA/PEN/ABJ/VOL.8/109 dated June 24, 2026, the new Exit Benefit Scheme is being implemented in accordance with Section 4(4A) of the Pension Reform Act 2014.
The message stated that the scheme applies to employees of treasury-funded MDAs who have served a minimum of 10 years before exiting public service.
It further disclosed that the benefit takes effect from January 1, 2026.
The signal stated that the Federal Government has approved the implementation of Exit Benefit Scheme (EBS) for employees of treasury-funded Ministries, Departments and Agencies (MDAs) in line with the provision of Section 4(4A) of the Pension Reform Act 2014.
It added that the scheme “provides for the payment of 100% of the final total annual emoluments to retiring employees of treasury-funded MDAs who served a minimum of 10 years at the time of exit from the service with effect from 01/01/2026.”
The leaked communication also revealed that the National Pension Commission (PenCom) is upgrading its Contribution and Bond Redemption Application (COBRA) platform to accommodate a dedicated Exit Benefit Scheme module aimed at facilitating implementation.
To ensure the smooth rollout of the programme, PenCom directed the police authorities to compile and submit comprehensive information on officers who either retired or are expected to retire between January 1, 2026, and December 31, 2026.
According to the directive, the information required includes: IPPIS/GIFMIS details; Retirement Savings Account (RSA) PIN; Full name (surname, first name and middle name); Date of enlistment; Date of retirement; Gross salary; Grade level; Step; Employer’s name; Pension Fund Administrator (PFA); Salary bank name; and Salary account number.
The message instructed that the information be compiled and submitted in Microsoft Excel format for onward transmission to PenCom.
The signal read “CH:8475/ZN.5/DFA/VOL.4/2 X PENSION FUND SCHEME X Following the most immediate message received from COMPOL PENFOR Abuja. BEGINS CH:8475/DFA/PEN/ABJ/VOL.8/109 DTO: 241100/06/2026 X RE: IMPLEMENTATION OF EXIT BENEFIT SCHEME FOR EMPLOYEES OF TREASURY-FUNDED MINISTRIES, DEPARTMENTS AND AGENCIES X
Grateful be informed that the Federal Government has approved the implementation of the Exit Benefit Scheme (EBS) for employees of treasury-funded Ministries, Departments and Agencies (MDAs), in line with the provisions of Section 4(4A) of the Pension Reform Act, 2014.
The scheme provides for the payment of 100% of the final total annual emoluments to retiring employees of treasury-funded MDAs who have served a minimum of 10 years at the time of exit from the service, with effect from 01/01/2026.
In order to facilitate the smooth implementation of the EBS, the National Pension Commission (PenCom) is in the process of upgrading the Contribution and Bond Redemption Application (COBRA) to accommodate an EBS sub-module.
“It is in the light of the foregoing that PenCom has requested the comprehensive information/data of employees who retired or are due to retire from the service between 01/01/2026 and 31/12/2026 under the following headings; IPPIS/GIFMI, RSA PIN
Name (Surname, First Name and Middle Name) Date of Enlistment (DD/MM/YYYY) Date of Retirement (DD/MM/YYYY) Gross Salary
Grade Level
Step
Employer Name
Pension Fund Administrator (PFA)
Salary Bank Name
Salary Account Number. The return should be submitted in Microsoft Excel format.”
