IGP opposes bill seeking police exit from contributory pension scheme

IGP opposes bill seeking police exit from contributory pension scheme

Inspector General of Police, Kayode Egbetokun has kicked against the bill seeking to exempt the police from the Contributory Pension Scheme (CPS).

Egbetokun who spoke while addressing police officers in Abuja said exiting the scheme will not favour the police force.

He stated that if the police exit the CPS, they will go back to square one.

He said: “Yes it is true that a bill has been passed by the National Assembly for the police to exit the CPS and that bill is awaiting presidential assent, but has anyone of you seen the details of the content of that bill? You need to go and look at the bill and see where you are exiting to?

“Everybody is shouting ‘let us go, let us go’. You must know where you are going before you start shouting, ‘I want to go”. When I became IG, I set up a committee to look into the pension issue and we discovered that the bill awaiting the assent of the President does not favour us. If we exit the present Contributory Pension Scheme, we are going back to square one, where we were before the introduction of the scheme. Our pension will be in the hands of politicians and they will be the one to address our pension. Our pension will be subject to budgetary allocation every year and when the government does not have money, you will not be paid.

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