FG develops 3 retirement schemes for federal civil servants – Independent Observers

FG develops 3 retirement schemes for federal civil servants

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By Temitope Owotoki

The Federal Government has developed three schemes for proper preparation of federal civil servants toward exiting the service and smooth transition to retirement.

Mrs. Winifred Oyo-Ita, Head of the Civil Service of the Federation, disclosed this on Thursday in Abuja, at a media briefing to highlight governments achievements from 2015 to 2018.

She said the schemes were in collaboration with the Central Bank of Nigeria (CBN), Bank of Industry and Bank of Agriculture. The schemes are pre-retirement training scheme, Federal Civil Service Off-Boarding Scheme and Civil Service Post-Retirement Service Scheme.

The pre-retirement scheme is a training scheme designed to provide prospective retirees with new skills to enable them have second career choices just before retirement while the Federal Civil Service Off-Boarding Scheme is a structural process for employees to exit from the federal civil service and the Civil Service Post-Retirement Service Scheme takes care of the post retirement needs of the workers.

Oyo-Ita also explained that the Office of the Head of Civil Service of the Federation (OHCSF) has provided quality and affordable housing under the Federal Integrated Staff Housing (FISH) to workers across the country. The scheme has 9,503 housing units under construction, a total number of 342 were allocated, 30 off-takers have been issued keys to their houses and 17 off-takers have moved into their houses, she said.

She said 4,167 staff across the service benefited from the Federal Government Staff Housing Loan in collaboration with the Federal Mortgage Bank of Nigeria (FMBN) between 2016 and 2019.

Also, 2,077 workers benefited from Home Renovation Loan of one million naira implemented by the office in partnership with FMBN between 2016 and 2018.

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