The management of NPF Pensions Limited has organised a pension sensitization exercise across the Southwestern states of Nigeria covering Lagos, Ogun, Oyo, Osun, Ondo and Ekiti states reaching over 1,500 officers across various cadres including Commissioners of Police in the states and AIGs.
The recently concluded week-long initiative was designed to reignite the interest of the Police officers in the Contributory Pension Scheme and keep them abreast of all the major updates in the CPS which has continued to evolve over the years.
The sessions were conducted by the Company’s Executive Management Team, led by the Managing Director/CEO, Dr. Kolade Morakinyo. Also, on ground for the highly interactive and impactful exercise were the Executive Director, Corporate Services, Mrs. Priscillia Egede-Njowusi, Heads of Departments and Southwest Regional Managers.
The organization said the exercise is in line with the its customer centric mantra of deepening stakeholders engagement by way of one-on-one session that seek to reinforce trust, strengthen stakeholder relationships, and deepen understanding of the Contributory Pension Scheme (CPS) amongst personnel of the Nigeria Police Force.
The sensitization exercise covered key Police Formations and Commands in the above-mentioned states.
The MD/CEO, NPF Pensions Limited, Dr. Kolade Morakinyo said, “this exercise spanning across all Police Formations and Commands in the above-mentioned states, is critical step toward building trust, correcting misconceptions, and offering practical solutions to issues affecting our esteemed Police officers’ Retirement Benefits
“As part of our ongoing commitment to service improvement and digital transformation of the Company’. He said the Company is poised to ensuring that it continued to leverage on its technology which is an area the Company places premium to continue to render unparallel customer service to Police officers.
The advantages of the CPS were brought to the fore as NPF Pensions has sustained a trajectory of excellent performance in area of return on investment on customers’ RSA funds, having held the industry position for 2 consecutive years as the PFA with the highest ROI returning over 38% in 2024.
According to him, the NPF Pensions will continue to collaborate with both the regulatory agency, the National Pensions Commission (PenCom) and the Police management team to explore ways to get enhanced welfare packages for Police Officers at retirement.
Executive director, corporate services, Priscilla Egede-Njowusi, while addressing officers of the Nigeria Police Force, encouraged those who are yet to transfer to NPF Pensions Limited to do so to benefit from the enhanced retirement package being developed in collaboration with the Police management team.
She further urged all officers to notify NPF Pensions Limited whenever they are promoted, so that their records can be promptly and accurately updated. According to her, the bottom-line of CPS is benefits paid at retirement which is the reason NPF Pensions is craving the indulgence of Officers to make time to go through their statements and ensure their accounts are update regularly for seamless benefit processing at retirement.
Officers expressed a desire for enhanced digital tools and real-time updates, along with a renewed trust and willingness to collaborate with NPF Pensions Limited.
The Assistant Inspector General (AIG) Zone 2, Adegoke Fayode affirmed that all the information shared by the NPF Pensions Limited is for the benefit of all officers and men of the Force. He emphasized the importance of the message, noting that it was aimed at improving the welfare and operational effectiveness of personnel.
The Commissioner of Police Lagos, Jimoh Moshood urged the Police Officers present especially the Area Commanders and DPOs to ensure that the information is cascaded to others in their respective Commands and Formations so that they will be abreast of the information.
Author
