Saturday, October 21, 2023, was exactly 10 years since the Nigeria Police Force Pensions Limited was incorporated. It was a child of necessity which started operations as a Pension Fund Administrator a year later, making it the 21st PFA in the country’s Contributory Pension Scheme (CPS) in accordance with the 2014 Pension Reform Act (PRA 2014). The idea was to have a Pension Fund Administrator (PFA) exclusively responsible for the pension assets of all police personnel in Nigeria.
It has been 10 years of unprecedented achievements. Before the NPF Pensions Limited came on board, Nigerian policemen were scattered in the already licensed 20 PFAs. But their fortunes have changed dramatically ever since.
Incorporated with a fully paid share capital of N1 billion and a mission “to provide quality customer…
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