National

BREAKING: FEC okays 100% annual salary as gratuity for retiring federal workers

The Federal Executive Council has approved the implementation of a transformative Exit Benefit Scheme that grants retiring Federal Civil Servants a gratuity equal to 100 per cent of their total annual emolument.

Effective from 1 January 2026, the scheme marks a major milestone in the Federal Government’s commitment to strengthening the welfare architecture of the Civil Service and ensuring that officers who have devoted a minimum of 10 years of service to the nation retire with dignity and financial security.

This was contained in a statement signed on Thursday by the Director of Public Relations in the Office of the Head of the Civil Service of the Federation, Eno Olotu.

The approval followed extensive deliberations and technical input from an Inter-Ministerial Technical Committee constituted by the Office of the Head of the Civil Service of the Federation.

The committee worked closely with the National Pension Commission, the Budget Office of the Federation, and the Office of the Accountant-General of the Federation to design a sustainable and impactful implementation framework.

The Exit Benefit Scheme is a strategic enhancement of the existing Contributory Pension Scheme framework. It is specifically designed to provide a substantial financial safety net at retirement, thereby strengthening long-term income security for Federal Civil Servants in treasury-funded ministries, extra-ministerial departments, and agencies.

The Head of the Civil Service of the Federation, Didi Walson-Jack, commended the Federal Executive Council for what she described as a watershed approval.

She said the decision clearly demonstrates that President Bola Ahmed Tinubu’s administration recognises the dedication, sacrifice, and professionalism of Federal Civil Servants.

“This approval is a profound acknowledgement of the invaluable contributions of our Civil Servants who have devoted their productive years to public service and national development.

“The Exit Benefit Scheme significantly enhances the retirement package of our officers and boosts confidence in the Federal Government’s commitment to their welfare,” she stated.

Walson-Jack added that the initiative aligns with the ongoing reform agenda aimed at building a more motivated, performance-driven, and people-centred Civil Service. She assured that comprehensive implementation guidelines would be communicated in due course.

The payment of gratuity to Federal Civil Servants comes 22 years after the introduction of the Contributory Pension Scheme.

MESSAGE us @ https://Wa.me/+2348072633727 for business relationship, Advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and so on…

The approval by the Federal Executive Council underscores the Federal Government’s commitment to policies that promote improved welfare while institutionalising reforms that secure the future of the Federal Civil Service.

 

Akanji Philip

Akanji Philip has been working as a reporter with VOICE AIR MEDIA, both onsite at the head office in Odi-Olowo, Osogbo, and remotely since 2021. He has covered events at notable political venues, involving prominent figures such as former Osun Governor Adegboyega Oyetola, current Osun State Governor Senator Isiaka Adetunji Adeleke, former Vice President Professor Yemi Osinbajo, the late Ondo Governor Rotimi Akeredolu, Oyo State Governor Seyi Makinde, and various other representatives and lawmakers. In addition, he has represented the company at various press conferences at police stations and has reported on occasions featuring entertainers and actors, such as Kola Oyewo during Oba-Ile Day in Osun State, among others. 📞 +2349058501092, +2348137827714 ✉️ akanjiphilips100@gmail.com

Recent Posts

Osun@35: Online Publishers Urge Commitment to Omoluabi Values, Youth Empowerment

THE Osun Online Publishers Association, OOPA, has congratulated the people of Osun State at home…

12 hours ago

President’s son declares presidential bid to succeed his father

Muhoozi Kainerugaba, the son of Yoweri Museveni, president of Uganda, says he plans to succeed…

13 hours ago

Osun Police Nab 4 Over Deadly Ikire Garage Attack, Hunt Ringleader

THE Osun State Police Command has arrested four suspects in connection with the attack on…

15 hours ago

Convicts’ freedom restricted after leaving prison in UK

THE United Kingdom is launching a world-first crackdown to restrict the freedom of serious sexual…

15 hours ago

OOPA: We Remain Foremost Body for Responsible Digital Journalism in Osun

OOPA: We Remain Foremost Platform for Responsible Digital Journalism in Osun THE Osun Online Publishers…

17 hours ago

World cup failure: NFF President Gusau, other resign

THE duo of the President and General Secretary of the Nigeria Football Federation (NFF), Alhaji…

23 hours ago