PenCom Orders MDAs to File 2026 Retiree Data by July 6 for 100% Exit Benefit

3 articles · Updated · msmeafricaonline.com · Jun 23

A June 16 circular gave treasury-funded federal MDAs until July 6 to submit details of staff who retired or will retire between Jan. 1 and Dec. 31, 2026.
PenCom said the data collection is needed to roll out the Federal Government’s newly approved Exit Benefit Scheme and warned submissions must be complete, accurate and in the prescribed template.
Eligible workers will receive an exit benefit equal to 100% of their final total annual emoluments, provided they have completed at least 10 years of service at retirement.
The commission directed MDAs to send the information through designated official email addresses, framing timely compliance as key to smooth implementation of the new retirement support programme.

Sources

Left100%

msmeafricaonline.com6d ago

PenCom Directs MDAs to Submit 2026 Retiree Details by July 6 for New Exit Benefit Scheme

Business Post Nigeria6d ago

PenCom Directs MDAs to Submit Retirees' Data for Exit Benefit Scheme | Business Post Nigeria

Punch Newspapers6d ago

PenCom Gives MDAs Deadline for Retirees' Details

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July 6, 2026 Submission Deadline: Federal MDAs Must Act on New 100% Gratuity Exit Benefit Scheme

Overview

The National Pension Commission (PenCom) has set a strict July 6, 2026 deadline for all Federal Ministries, Departments, and Agencies (MDAs) to submit details of their 2026 retirees, following a mandate issued on June 24, 2026. This urgent submission is essential for the smooth rollout of the newly approved Exit Benefit Scheme, which aims to provide enhanced retirement benefits. The Office of the Head of the Civil Service of the Federation has released detailed operational guidelines to help MDAs with eligibility, documentation, and payment procedures. Timely and accurate submission is crucial, as missing the deadline could delay benefit payments and cause hardship for retirees.

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