Subscribe to get Updates
  • Login
The News Bearer
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
    • All
    • Business
    • Celebrities
    • Crime
    • Education
    • Featured
    • Features
    • Health
    • Lifestyle
    • Metro
    • News
    • Opinion
    • Personal Development
    • Politics
    • Sports
    • Uncategorized

    Makinde renames Ibadan Polytechnic after Olunloyo

    Fidelity Bank promotes 12% workforce, effects 20% salary increase across board

    Oyo will explore tourism development for state economy expansion –Makinde

    Makinde pledges preservation, digitisation of Olunloyo’s library

    Native doctor with two guns recovered from room ceiling, two suspected cultists arrested in Delta

    Rivers police in manhunt for cultists who killed police officer, vigilante group member in deadly attack

    Makinde is pragmatic, focused on development –Maye Olubadan, Lekan Alabi

  • Lifestyle

    A Trainer Reveals the Best Exercises For a Stronger, Toned Butt

    How To Lose 10 Pounds Even If You Hate Vegetables

    A Trainer Answers: What’s the Best Workout For Losing Weight?

    These Foods to Absolutely Avoid If You Want Clear, Glowing Skin

    Drinking This Kind of Tea Could Help Shed Those Last Few Pounds

    This Easy Cardio Swap Will Help You Train for A Half Marathon

    5 Must-Follow Rules If You Want to Get Strong

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
    • All
    • Business
    • Celebrities
    • Crime
    • Education
    • Featured
    • Features
    • Health
    • Lifestyle
    • Metro
    • News
    • Opinion
    • Personal Development
    • Politics
    • Sports
    • Uncategorized

    Makinde renames Ibadan Polytechnic after Olunloyo

    Fidelity Bank promotes 12% workforce, effects 20% salary increase across board

    Oyo will explore tourism development for state economy expansion –Makinde

    Makinde pledges preservation, digitisation of Olunloyo’s library

    Native doctor with two guns recovered from room ceiling, two suspected cultists arrested in Delta

    Rivers police in manhunt for cultists who killed police officer, vigilante group member in deadly attack

    Makinde is pragmatic, focused on development –Maye Olubadan, Lekan Alabi

  • Lifestyle

    A Trainer Reveals the Best Exercises For a Stronger, Toned Butt

    How To Lose 10 Pounds Even If You Hate Vegetables

    A Trainer Answers: What’s the Best Workout For Losing Weight?

    These Foods to Absolutely Avoid If You Want Clear, Glowing Skin

    Drinking This Kind of Tea Could Help Shed Those Last Few Pounds

    This Easy Cardio Swap Will Help You Train for A Half Marathon

    5 Must-Follow Rules If You Want to Get Strong

No Result
View All Result
TheNewsBearer
No Result
View All Result
Home News

Argungu makes case for defined pension benefit plan for police officers

The News Bearer by The News Bearer
February 11, 2025
in News
Reading Time: 3 mins read
0 0
0
Share on WhatsappShare on FacebookShare on Twitter

The Chairman of the Police Service Commission, DIG Hashimu Argungu (rtd), has called for a review of the current defined pension contribution  plan for Commissioners of Police and other ranks.

He made the call on Tuesday,  February 11, at an interactive  session between the Nigeria Police Force Management team and retired Police Officers where he delivered a paper entitled: “Systematic Systems Review of Global Issues on Retirement, Pension, Remuneration and Compensation Principles and Practices.”

DIG Argungu thereby called for the removal of Nigeria Police Force personnel from contributory pension  scheme to a defined pension benefit plan in line with global best practices.

The PSC Chairman noted that during employment/recruitment  interview, the issue of potential salary  and benefits package should be discussed  and agreement reached.

DIG Argungu also noted that the significant wage gap between the categories of police specialists  should be considered  in line with the nation’s best practices.

He advised that the Nigeria Police Force scheme of service should be prepared in comparative analysis in the earning of individuals  in different workforce of the Nigeria Police Force.

The NPF pension, he added, should have clearly defined  organisational structure in line with reality and the situation  in the country, stressing that this “will enable them to be effective in performing their statutory functions.”

The PSC Chairman said the Federal Government should regularly review and adjust the salary structure to reflect the current economic realities and inflation rate.

This, he said, would help to reduce the wage gap and promote equity in the system.

He called for the introduction of a retention bonus in the work force merit-based pay system that rewards performance and productivity.

DIG Argungu said this would help motivate Officers to improve their performance  and contribute  positively to the development of the country.

On the implementation strategies for the recommendation to work, the PSC Chairman said the Nigeria Police Force Management Team and retired members of the Nigeria Police Officers should set up a high-powered Committee to come up with measures in ensuring the removal of the Nigeria Police Force from the contributory pension scheme to a defined benefit pension plan.

DIG Argungu said the membership  of the Committee should cut across all principal stakeholders such as Ministry of Police Affairs as Chairman; National Assembly Committee on Police Affairs,  Member;  Retired Police Officers, members; Members of Nigeria Labour Union, members; other related organisations, members and Nigeria Police Force, Secretary.

Tags: defined benefit pension schemeDIG Hashimu ArgunguIGP Kayode Egbetokuninteractive meetingNigeria Police ForcePolice Service Commission
SendShareTweet
The News Bearer

The News Bearer

Related Posts

News

Makinde renames Ibadan Polytechnic after Olunloyo

June 26, 2025
News

Oyo will explore tourism development for state economy expansion –Makinde

June 25, 2025
News

Makinde pledges preservation, digitisation of Olunloyo’s library

June 25, 2025
Crime

Native doctor with two guns recovered from room ceiling, two suspected cultists arrested in Delta

June 24, 2025
News

Makinde is pragmatic, focused on development –Maye Olubadan, Lekan Alabi

June 24, 2025
News

Criminologists, others meet in Abuja to discuss Nigeria Correctional Service’s reformation

June 24, 2025
Load More

Recommended

We are not aware of police officer’s reinstatement by court order, IGP respects rule of law —NPF

3 years ago

Wike’s aide challenges Falana: ‘How many major cases did you win to become SAN?’

2 months ago

Don't Miss

Makinde renames Ibadan Polytechnic after Olunloyo

June 26, 2025

Fidelity Bank promotes 12% workforce, effects 20% salary increase across board

June 26, 2025

Oyo will explore tourism development for state economy expansion –Makinde

June 25, 2025

Makinde pledges preservation, digitisation of Olunloyo’s library

June 25, 2025
TheNewsBearer

Stay informed with Breaking News Online in Nigeria on The News Bearer. Get real-time updates and analysis of national, international events.

Follow us

Recent News

Makinde renames Ibadan Polytechnic after Olunloyo

June 26, 2025

Fidelity Bank promotes 12% workforce, effects 20% salary increase across board

June 26, 2025

Categories

  • Business
  • Celebrities
  • Crime
  • Education
  • Featured
  • Features
  • Health
  • Lifestyle
  • Metro
  • News
  • Opinion
  • Personal Development
  • Politics
  • Sports
  • Uncategorized

Tags

Adamawa State Police Command Anambra State Police Command Bishop Francis Wale Oke Cancer condolence message courtesy visit Delta State Police Command Diabetes Diet Tips DIG Hashimu Argungu Dr Festus Adedayo Dr Nneka Onyeali-Ikpe Dr Sulaimon Olanrewaju Economic and Financial Crimes Commission Fidelity Bank Fidelity Bank Plc Governor Seyi Makinde Health Symptoms IGP Kayode Egbetokun Inspector General of Police Kwara State Police Command Lagos State Police Command Lagos State Taskforce Men's Health murder Nigeria Police Force Ogun State Police Command OlaOluwa Mimiola opinion article Oyo State Government Oyo State Governor Peoples Democratic Party Polaris Bank Police Public Relations Officer Police Service Commission PPRO Pregnancy President Bola Ahmed Tinubu Skin Care Sulaiman Aledeh Sulaimon Olanrewaju Taskforce Chairman Adetayo Akerele Thenewsbearer University of Ibadan Women's Health
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 TheNewsBearer - Premium Nigerian and global news by TheNewsBearer.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • Health
  • Lifestyle

© 2024 TheNewsBearer - Premium Nigerian and global news by TheNewsBearer.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.