Nigerian National Assembly Removes Police from National Pension Commission, Proposes Separate Pension Board

The Nigerian National Assembly has passed a bill to create a separate pension board for the Nigerian Police Force, removing them from the National Pension Commission's purview. The proposed board will be responsible for managing the pension affairs of police officers, ensuring distinct schemes tailored to their needs.

This move aims to address the dissatisfaction among retired police officers over poor pension benefits and neglect by the government. The bill seeks to exempt police contributors from the existing pension scheme under the Pension Reform Act of 2014, establishing a dedicated pension system for the Nigerian Police Force.