The Federal Executive Council (FEC) has approved a transformative Exit Benefit Scheme for civil servants. This scheme grants retiring federal employees a gratuity equal to 100% of their annual emolument. It takes effect from 1 January 2026, providing financial security for long-serving officers.
Civil servants with at least ten years of service now retire with dignity and confidence. The approval followed thorough deliberations by an Inter-Ministerial Technical Committee. The committee collaborated with the National Pension Commission, Budget Office, and Accountant-General’s office.
Together, they designed a sustainable framework for effective scheme implementation across federal agencies. The Exit Benefit Scheme complements the existing Contributory Pension Scheme, enhancing retirement security. Officers in Ministries, Extra-Ministerial Departments, and Agencies benefit significantly from this initiative.
Head of Civil Service, Didi Walson-Jack, praised the FEC for this “watershed approval.” She emphasized the scheme acknowledges civil servants’ dedication, sacrifice, and professional service. The initiative aligns with reforms aimed at building a motivated, performance-driven civil service.
Comprehensive implementation guidelines will be communicated to all relevant offices in due course. This milestone occurs 22 years after the introduction of the Contributory Pension Scheme. It demonstrates the Federal Government’s commitment to improving civil servants’ welfare.
By boosting retirement packages, the scheme strengthens confidence in government policies. The Exit Benefit Scheme secures financial futures while honoring decades of public service contributions.
