Jobs

FEC approves 65 years Retirement Age for Teachers plus Special Allowances – 40 years service year

Spread the love

FEC approves 65 years Retirement Age for Teachers with Special Allowances – 40 years service year – The Federal Executive Council (FEC) approves the increase in retirement age of teachers across the country, Nigeria. Nevertheless, FEC also approves special allowances to all teachers as a way to encourage all teachers and make them benefit greatly from the teaching job or profession apart from their usual salary.

FEC approves 65 years Retirement Age for Teachers plus Special Allowances – 40 years service year

Federal Executive Council (FEC) approves an increase in the retirement age of teachers from 60 years to 65 years making it a service year of 40 years instead of 35 years.

This will be of great benefit to teachers across the country as the added 5 years will contribute a lot to them.

This new law has been placed in the Harmonized Retirement Age for Teachers Bill, 2021.

The bill seeks to give legal backing to new measures by the Buhari administration to enhance the teaching profession in the country.

This announcement was made known to the public through the Minister of Education, Adamu Adamu while briefing State House correspondents at the end of the first Council meeting of the year, which was presided over by President Muhammadu Buhari in Abuja on Wednesday.

Apart from the increase in retirement age, other things added to the teachers as special allowances include:

  • The introduction of bursary award
  • Special rural posting allowances
  • Science teachers’ allowance and other measures to boost the performance of the teachers and attract the best brains.

The essence of the age retirement increase is to serve as a reward for teachers’ dedication to duty and also to attract more people to the profession.

NYIF Youth Bank Loan 2020: FG approves N75billion fund Loan to Nigerian Youths

The bill will help to motivate the teachers across the country and attract the best brains in the profession which had been bedeviled with poor condition of service for the teachers and poor funding.

basedonnews

Share
Published by
basedonnews

Recent Posts

NYSC Batch C Stream 2 2024 | Online Registration Starting Date, Mobilization and Camp Date

NYSC Batch C Stream 2 2024 Update | Online Registration Starting Date, Mobilization and Camp…

1 month ago

Nigerian Army (NA) 88RRI Recruitment 2024/2025 Application Form Portal

Nigerian Army (NA) 88RRI Recruitment 2024/2025 Application Form Portal - Do you want to apply…

1 month ago

Chief Security Officer (CSO) at United Nigeria Airlines: How to Apply

Chief Security Officer (CSO) at United Nigeria Airlines: How to Apply: United Nigeria Airlines is…

3 months ago

Safety and Quality Manager at United Nigeria Airlines – Apply Here

Safety and Quality Manager at United Nigeria Airlines - Apply Here:  I am directed to…

3 months ago

NYSC Corps Members Allowance – DG Gives Assurance of Stipend Hike

NYSC Corps Members Allowance - DG Gives Assurance of Stipend Hike This article is directed…

3 months ago

How To Check If Your FG Loan Application Status Is Verified

How To Check If Your FG Loan Application Status Is Verified: As the Federal Government…

3 months ago