Rivers govt extends retirement age for teachers, approves additional N1 billion pension fund

Oct. 1, 2024 - Daily Post Nigeria

Rivers State Government has approved an additional N1 billion to the existing N1 billion Pension Fund in the state, doubling the total to N2 billion. Johnson explained, “Council also appreciated His Excellency for a N1 billion addition to the Pension Fund.

It had always been N1 billion, but the Governor, in his usual mannerism, has increased that figure from N1 billion to N2 billion. “So, today, Council has approved this particular domestication of these new service years for teachers in Rivers State.

“They must be professional teachers, and they must be teachers in the classroom, not people that are working as admin staff...