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	<title>retirement - Housing TV Africa</title>
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	<title>retirement - Housing TV Africa</title>
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		<title>FG Abolishes Mandatory Three-Month Pre-Retirement Leave for Civil Servants</title>
		<link>https://www.housingtvafrica.com/fg-abolishes-mandatory-three-month-pre-retirement-leave-for-civil-servants/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fg-abolishes-mandatory-three-month-pre-retirement-leave-for-civil-servants</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Wed, 03 Jun 2026 08:57:32 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Abuja]]></category>
		<category><![CDATA[civil servants]]></category>
		<category><![CDATA[CIVIL SERVICE]]></category>
		<category><![CDATA[Didi Walson-Jack]]></category>
		<category><![CDATA[federal civil service]]></category>
		<category><![CDATA[Federal Government]]></category>
		<category><![CDATA[Head of Service]]></category>
		<category><![CDATA[MDAs]]></category>
		<category><![CDATA[Nigeria Civil Service]]></category>
		<category><![CDATA[Pension Processing]]></category>
		<category><![CDATA[Pre-Retirement Leave]]></category>
		<category><![CDATA[public sector reform]]></category>
		<category><![CDATA[Public Service Rules]]></category>
		<category><![CDATA[retirement]]></category>
		<category><![CDATA[Retirement Notice]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=34912</guid>

					<description><![CDATA[<p><img width="1142" height="1280" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/IMG_3013.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to immediately discontinue the practice of placing civil servants on mandatory three-month pre-retirement leave, clarifying that such a provision does not exist in the Public Service Rules (PSR). The directive was issued by the Head of the Civil Service of the Federation, Didi Walson-Jack, [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-abolishes-mandatory-three-month-pre-retirement-leave-for-civil-servants/">FG Abolishes Mandatory Three-Month Pre-Retirement Leave for Civil Servants</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1142" height="1280" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/IMG_3013.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p><p>The Federal Government has directed all Ministries, Departments and Agencies (MDAs) to immediately discontinue the practice of placing civil servants on mandatory three-month pre-retirement leave, clarifying that such a provision does not exist in the Public Service Rules (PSR).</p>
<p>The directive was issued by the Head of the Civil Service of the Federation, <a href="https://www.housingtvafrica.com/nuj-raises-alarm-over-poor-pay-warns-journalism-welfare-crisis-threatens-2027-elections/">Didi Walson-Jack</a>, through a circular addressed to ministers, permanent secretaries, service chiefs, heads of agencies and other senior government officials.</p>
<p>In the circular titled “Correct Interpretation of Public Service Rule 120243 on Pre-Retirement Activities,” Walson-Jack noted that several MDAs had wrongly interpreted the three-month retirement notice period as an automatic leave entitlement, resulting in the premature withdrawal of officers from active service.</p>
<p>According to her, Public Service Rule 120243 only requires officers approaching retirement to provide three months’ notice, attend a one-month pre-retirement seminar or workshop, and utilise the remaining period to regularise service records and pension documentation.</p>
<p>“The so-called mandatory three-month pre-retirement leave has no basis in the Public Service Rules,” the Head of Service stated.</p>
<p>She explained that the rule establishes three separate obligations: notification of retirement, participation in approved pre-retirement programmes, and completion of administrative requirements before retirement.</p>
<p>The circular emphasised that retiring officers remain full public servants throughout the notice period and are expected to continue performing their official duties unless attending approved workshops or granted leave under existing regulations.</p>
<p>“PSR 120243 does not exempt retiring officers from official duties during the notice period, except where they are attending an approved pre-retirement workshop or seminar, or are otherwise authorised to be absent under extant leave rules,” the circular stated.</p>
<p>As a result, all MDAs have been directed to stop compelling officers due for retirement to vacate their offices before their official retirement dates.</p>
<p>Under the directive, retiring officers are expected to continue discharging their responsibilities while simultaneously participating in approved retirement preparation programmes and completing pension documentation processes.</p>
<p>The Head of Service also instructed permanent secretaries, directors-general, executive secretaries, chairpersons of statutory agencies and chief executives of government organisations to ensure strict compliance with the new directive.</p>
<p>The clarification is expected to impact thousands of federal civil servants approaching retirement annually.</p>
<p>For years, many government institutions treated the three-month notice period as a form of extended leave, often directing officers to stop reporting for work immediately after submitting retirement notices. The new directive seeks to standardise implementation of the Public Service Rules and prevent the loss of experienced manpower before official retirement dates.</p>
<p style="text-align: center;">The Federal Government believes the measure will improve service delivery by allowing retiring officers to continue contributing their expertise while completing retirement and pension documentation.</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-abolishes-mandatory-three-month-pre-retirement-leave-for-civil-servants/">FG Abolishes Mandatory Three-Month Pre-Retirement Leave for Civil Servants</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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		<item>
		<title>FG Unveils PenCom Board, Tasks Members on Pension Assets</title>
		<link>https://www.housingtvafrica.com/pencom-board-pension-assets-fg/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=pencom-board-pension-assets-fg</link>
		
		<dc:creator><![CDATA[housingtv]]></dc:creator>
		<pubDate>Mon, 23 Mar 2026 16:22:33 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[FG]]></category>
		<category><![CDATA[FINANCE]]></category>
		<category><![CDATA[Nigeria economy]]></category>
		<category><![CDATA[PenCom]]></category>
		<category><![CDATA[Pension]]></category>
		<category><![CDATA[retirement]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=32400</guid>

					<description><![CDATA[<p><img width="2048" height="1389" src="https://www.housingtvafrica.com/wp-content/uploads/2026/03/PenCom-2048x1389-1.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="PenCom board pension assets oversight as FG inaugurates new board in Abuja" decoding="async" /></p>
<p>The Federal Government has inaugurated the board of the National Pension Commission, charging members to safeguard pension assets and strengthen governance. The PenCom board pension assets responsibility includes protecting over N28 trillion under the Contributory Pension Scheme. The inauguration took place in Abuja, where officials described the commission as a key institution responsible for managing [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/pencom-board-pension-assets-fg/">FG Unveils PenCom Board, Tasks Members on Pension Assets</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="2048" height="1389" src="https://www.housingtvafrica.com/wp-content/uploads/2026/03/PenCom-2048x1389-1.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="PenCom board pension assets oversight as FG inaugurates new board in Abuja" decoding="async" loading="lazy" /></p><p data-start="923" data-end="1253">The Federal Government has inaugurated the board of the <a href="https://www.pencom.gov.ng"><span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">National Pension Commission</span></span></a>, charging members to safeguard pension assets and strengthen governance. The PenCom board pension assets responsibility includes protecting over N28 trillion under the Contributory Pension Scheme.</p>
<p data-start="1255" data-end="1465">The inauguration took place in Abuja, where officials described the commission as a key institution responsible for managing retirement savings for millions of Nigerians.</p>
<h2 data-section-id="1ts9c0a" data-start="1467" data-end="1521">FG Tasks PenCom Board on Pension Assets Transparency</h2>
<p data-start="1522" data-end="1833">Speaking at the event, the Secretary to the Government of the Federation, <span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">George Akume</span></span>, said the board must uphold transparency and accountability in all decisions. He stressed that strong governance will build public trust in the pension system.</p>
<p data-start="1835" data-end="2102">He also warned against interference in daily operations, noting that management should handle routine activities while the board focuses on oversight. According to him, this balance is essential for institutional effectiveness.</p>
<h2 data-section-id="1wuvqbj" data-start="2202" data-end="2258"><span role="text"><strong data-start="2205" data-end="2256">PenCom Board Pension Assets Exceed N28 Trillion</strong></span></h2>
<p data-start="2259" data-end="2446">Officials confirmed that pension assets under the scheme have grown beyond N28 trillion, reflecting steady expansion in Nigeria’s pension industry.</p>
<p data-start="2448" data-end="2636">The government said the board must protect these funds through strong risk management and internal controls. As a result, contributors can remain confident that their savings are secure.</p>
<h2 data-section-id="jc3gfj" data-start="2743" data-end="2794"><span role="text"><strong data-start="2746" data-end="2792">Board Expected to Drive Policy and Reforms</strong></span></h2>
<p data-start="2795" data-end="3047">The government expects the board to provide strategic direction and policy guidance in line with existing pension laws. In addition, members must ensure compliance with regulatory frameworks governing the sector.</p>
<p data-start="3049" data-end="3352">The Chairman of the board, <span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Opeyemi Agbaje</span></span>, said members will prioritise integrity and strong leadership. He added that the board will support national development by investing pension funds in key sectors such as infrastructure and housing.</p>
<h2 data-section-id="6a5slx" data-start="3354" data-end="3395"><span role="text"><strong data-start="3357" data-end="3393">Management Pledges Collaboration</strong></span></h2>
<p data-start="3396" data-end="3646">The Director-General of PenCom, <span class="hover:entity-accent entity-underline inline cursor-pointer align-baseline"><span class="whitespace-normal">Omolola Oloworaran</span></span>, described the inauguration as timely. She said it restores the board’s oversight role and strengthens governance within the commission.</p>
<p data-start="3648" data-end="3771">She also pledged that management would work closely with the board to ensure decisions benefit contributors and retirees.</p>
<p data-start="3839" data-end="4097">The PenCom board pension assets mandate highlights the importance of strong oversight in Nigeria’s financial system. With trillions of naira at stake, the board’s role remains critical to ensuring transparency, accountability, and long-term sustainability.</p>
<p>The post <a href="https://www.housingtvafrica.com/pencom-board-pension-assets-fg/">FG Unveils PenCom Board, Tasks Members on Pension Assets</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
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