Nigerian House Passes Bill to Establish Police Pension Board

The Nigerian House of Representatives passed a bill titled "Bill to Establish Nigeria Police Force Pension Board" to create a distinct pension structure for police personnel, exempting them from the contributory pension scheme under the Pension Reform Act 2014. The bill aims to address long-standing complaints of delayed and unfair pension payments for retired police officers.
Sponsored by House Leader Julius Ihonvbere (Rep, Owan East/Owan West), the bill received support from key stakeholders like the Pension Commission (PenCom). Once transmitted to the Senate and assented by President Bola Tinubu, it will become law.
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