Contributory Pensions Scheme: Retired Police Officers accuse IGP, others of mismanaging funds

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Police Retirees under the Contributory Pensions Scheme on Tuesday embarked on another protest over the alleged lack of equity in the scheme. The police

Police Retirees under the Contributory Pensions Scheme on Tuesday embarked on another protest over the alleged lack of equity in the scheme.

The retirees said based on their findings, Baba Alkali and the management team have been footdragging in proposing a bill to the National Assembly to exempt the Police from the Contributory Pension Scheme. The group said, regrettably, the Inspector General of Police rather directed the Deputy Inspector General of Police Sanusi Lemu to join the NPF Pension Ltd marketing to embark on a false campaign, stating that exiting from the Contributory Pension Scheme was not in the interest of retires and serving Police Officers.

“All Police retirees who enlisted into the force before the birth of the CPS in 2004 should be exempted CPS and the 300% of their annual salary be paid to them as gratuity and 80% of their last monthly salary be paid to them as pension as specified under the defines benefits scheme under which condition they enlisted into the force.”

 

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