Tuesday 1 July 2014

President Goodluck Jonathan signs the Pension Reform Bill, 2014 into law!


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Coming on the heels of the Senate's passage of the Pension Reform Act 2014 that officially accommodates employees of private firms in the contributory pension scheme.

Information just getting in says President Goodluck Jonathan has signed the Pension Reform Bill, 2014 into law. The new law repeals the Pension Reform Act, No 2, 2004, making it possible for employees in either the public service of the Federation, Federal Capital Territory, States or Local Government and private sector, to receive pension benefits as and when due.


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