August 2023

Addressing Disincentive Clauses in Pension Laws

Contributors into the Contributory Pension scheme complain of disincentives in the law guiding the administration of the scheme, especially retirement benefits payment system and call for their review, writes Ebere Nwoji. The news barely a month ago on the passage of the bill for establishment of a police pension board by  the Senate in collaboration with the Federal House of Representatives   no doubt threw the entire pension landscape to a pandemonium. Indeed, there was palpable fear among the pension Fund...