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Retired Police Officers Protest, Ask Authorities To Adopt  Defined Benefits Scheme (DBS)

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Kayode Adeolu Egbetokun Inspector General of Police
Kayode Adeolu Egbetokun Inspector General of Police

The Edo chapter of the Association of retired police personnel has joined their counterparts nationwide to demand their removal from the Contributing Pension Scheme and instead adopt the Defined Benefits pension scheme, DBS, as they suffer seriously after retirement.

Retired police personnel who addressed a press conference in Benin City called on relevant authorities to act quickly, as many retirees are dying due to poor remuneration following 35 years of service.

The contributory pension scheme was passed into law by the President Obasanjo administration in 2004, where a worker remits a percentage of his or her salary and the employer adds a certain percentage, for the benefit of the worker after the mandatory 35-year service.

However, the retired police personnel said the scheme is doing them more harm than good as the meagre  Pension take-home, which amounts to between 25 and 45 thousand Naira, is causing them a lot of damage compounded by pervading economic hardship.

They wondered why the police is added into the contributing scheme whereas other sister security agencies like the Army, Navy, Air Force and  DSS, among others, are exempted.

The chairman of the Edo State chapter of the  Association of retired police personnel, SP Anthony Nnacho, reasoned that if the scheme was favourable, some top officials of the police would not have been exempted and called for the Inspector General of police to do the needful.

In the words of the chairman, ” if the inspector of police (IG) knows the scheme was a good one why did he remove  his name that of the DIG and the AIG so he should write his name in good and do the needful”.

The publicity secretary, SP Johnson Oyamede, retired, said the time to act and include them in the defined benefits scheme is now, as the contributing scheme is adversely affecting them and their families.

According to him “the scheme is obnoxious, devilish and a calculated attempt to improvised the retired police men from the commissioners down ward which is not good for us especially now with the hardship of the Nigeria economy so the police authority must rise up to the occasion now.”

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