FG approves 100% salary pension for retired professors
The Federal Government and the Academic Staff Union of Universities have reached an agreement granting qualifying retired professors in public universities pension equivalent to 100 per cent of their final annual salary.
The agreement, reached in January 2026 as part of the renegotiation of welfare packages for university lecturers, applies to professors who serve continuously until the mandatory retirement age of 70 years.
Under the arrangement, eligible retired professors are to receive monthly pension payments for life based on their final salary.
The agreement is linked to provisions under the Universities Miscellaneous Provisions (Amendment) Act 2012, with the Federal Government expected to cover any shortfall arising from the Contributory Pension Scheme.
The policy is applicable only to professors in recognised public universities across the country.
The development has, however, generated discussions among stakeholders over issues of sustainability, funding and equity within the public sector pension system.
Implementation of the policy is expected to depend on budgetary provisions by the Federal Government and administrative processes involving the National Pension Commission.
The agreement also formed part of broader discussions between the government and ASUU on lecturers’ welfare, university funding and conditions of service.
