Pension News

Retirement Benefits of Service Chiefs

President Bola Ahmed Tinubu on Monday, June 19, 2023 approved the immediate retirement of all Service Chiefs and the Inspector-General of Police, Advisers, Comptroller-General of Customs.

Below are the alleged retirement benefits of the service chiefs,

Retirement benefits of Chief of Defence Staff (CDS) are; one bulletproof SUV or equivalent vehicle to be maintained by the service and to be replaced every four years; Peugeot 508 or equivalent backup vehicle; and five domestic aides made up of two service cooks, two stewards, a civilian gardener, an Aide-de-Camp/security officer; special assistant of a lieutenant/captain or equivalent, or personal assistant of the rank of warrant officer or equivalent; nine standard guards of nine soldiers, three service drivers; one service orderly; escorts to be provided by the appropriate military units/formations as the need arises; and free medical cover in Nigeria and abroad. The CDS will also retain all military uniforms and accoutrements to be worn for appropriate ceremonies, as well as personal firearms. However, such firearms shall be retrieved by the relevant services upon the death of the beneficiaries.

Retirement benefits of a Lieutenant General for the Nigerian Army, Vice Admiral for the Navy and Air Marshal for the Air Force include two Peugeot 508 cars, or one Toyota Land Cruiser, two cooks, two stewards, four residential guards, one service orderly, two service drivers, free medical treatment in the country and abroad to the tune of $20,000 yearly.

Retirement benefits for a Major General in the Army, Rear Admiral in the Navy and Air Vice Marshal in Air Force, who are two-star officers, include one Peugeot 508, a cook, a steward, two residential guards, one service orderly, one service driver, free medicals in Nigeria and abroad to the tune of $15,000 per year.

Retirement benefits for Brigadier Generals, Commodore and Air Commodore upon retirement are, one Peugeot 408, a service driver, two residential guards, one service orderly and free medicals locally and abroad to the tune of $10,000 each.

Retirement benefits for Colonels, Captains and Group Captains in the Army, Navy and Air Force, respectively, are, Peugeot 301 or another car of the same value and free medical cover in the country.

The retirement benefits for Major Generals, Brigadier Generals, Colonels and their equivalents in the Navy and the Air Force, can be monetized for the retiring officers, meaning they will be given cash equivalent for all the benefits.

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