FEC Approves 65 Years New Retirement Age For Teachers

new retirement age for teachers

The FEC has approved an increase in the retirement age of teachers across the country.

Teachers In Nigeria have got a new retirement age following the approval that came from the Federal Executive Council (FEC), 65 years new retirement age of teachers across the country in service bill has been passed successfully.

The new retirement Age for Teachers bill was passed this is to backing up the measures of the current led administration by President Buhari seeking to better the teaching profession in the country.

The Minister of Education, Adamu Adamu while representing the President Muhammadu Buhari in Abuja on Wednesday, in the State House while briefing at the end of the first Council meeting of the year, disclose that some of the tops of the Harmonized Retirement, bas Age bill has been forwarded to the National Assembly for consideration and approval.

The new retirement age for teachers 

According to the Minister for Education, Adamu said the government add to the year of teachers to attract more people in to the profession and to encourage those who are in the profession.

“The essence of the bill actually is to give legal backing for the approval of a new retirement age of 65 for teachers and then the service period being extended to 40 years.

“The intention is to attract the best brains to the teaching profession and for that, the president approved the reintroduction of bursary awards, improving teacher quality, funding teaching practice from TETFUND, the enhanced entry point for teachers.’’

Related:  How much money to save for retirement at the 20s, 30s, 40s and beyond

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