The House of Representatives, at its plenary session of Tuesday, 21 September 2021, passed for second reading, the Pensions Reform Act, 2014 (Amendment) Bill that seeks to exempt the Nigeria Police Force (NPF) from the Contributory Pension Scheme.
Leading the debate on the Bill, Hon. Francis Waive (PDP: Delta), informed lawmakers that its objective is to amend section 5(1)(a) of the Pension Reform Act, 2014 in order to include the NPF on categories of institutions to be exempted. According to him, the current institutions exempted in the Act are the Armed Forces, the Intelligence Agencies, and the Secret Services of the Federation.
Hon. Waive noted that the Bill, if passed into law, will ensure proper renumeration of Police Officers at retirement and also enhance their welfare. The Bill which was unanimously adopted was referred to the Committee on Pensions for further legislative action.
