PENSION REFORM (AMENDMENT) ACT 2011

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PENSION REFORM (AMENDMENT) ACT, 2011

[EDITOR’S NOTE: This amendment Act to the Pension Reform Act No. 2 of 2004 has been repealed, along with the principal Act, by the Pension Reform Act, 2014]

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EXPLANATORY MEMORANDUM

This Act amends the Pension Reform Act No. 2 of 2004 in order to, among other things, exempt members of the Armed Forces of the Federation and members of the Intelligence and Secret Services from the application of the scheme so as to eliminate the problems associated with the contributory pensions scheme as it concerns the military personnel and members of the Intelligence and Secret Services in line with international best practices.

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PENSION REFORM (AMENDMENT) ACT, 2010

ARRANGEMENT OF SECTIONS

1. Amendment of Act No.2 of 2004.

2. Amendment of section 8.

3. Citation.

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PENSION REFORM (AMENDMENT) ACT, 2011

An Act to amend the Pension Act No. 2 of 2004 to, among other things, exclude the members of the Armed Forces, Intelligence and Secret Services of the Federation from the application of the scheme; and for related matters.

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[COMMENCEMENT]                       (7^TH APRIL, 2011)

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ENACTED by the National Assembly of the Federal Republic of Nigeria –

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