Federal civil servants are celebrating the reintroduction of gratuity, ending more than two decades without the retirement perk. The Federal Executive Council approved a new exit benefit on March 5, giving retirees a lump sum equivalent to one year’s salary—a major boost to complement the existing Contributory Pension Scheme (CPS).
Workers told NAN that the move is a huge relief, easing worries about post-retirement life and enabling investments, business startups, and continued support for families. Deputy Director Wale Ogunnaike said the gratuity, combined with his pension lump sum, will provide a solid foundation for smart investments and financial stability.
Civil servants also called for prompt, unhindered implementation to avoid bureaucratic delays, while urging a review of the CPS Act to allow retirees more flexible access to their savings. Many hailed the policy as a “Plan B” for life after service, offering hope and renewed confidence to workers nationwide.
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