Excluding the police from the scheme would reverse measures put in place to reform the pension system, PenCom said.
Punch newspaper reported that at a public hearing on Police Pension Board Bill on Friday, senators, the Police and groups of Police retirees supported the proposal to exclude the Police from CPS. However, the National Pension Commission, Pension Fund Operators Association of Nigeria, and other stakeholders kicked against the request.
“Exiting the Contributory Pension Scheme, being run and managed by PenCom, is long overdue for the Police on account of poor services being subjected to. The proposed board will boost the morale of Police Personnel to dispassionately discharge their duties of fighting crimes,” he said. The organisation’s positions were contained in memoranda submitted at the public hearing on Friday. The memorandas were on the two legislations currently being considered by the Nigerian senate.In its submission, PenCom said CPS has deepened the country’s financial sector and enabled the federal government to execute key projects.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gang members killed in Osogbo as cultists attack policeThe Police Command in Osun said two people were killed during a clash between cult members in Oke Baale, Osogbo. Public Relations Officer, SP Yemisi
Read more »
How Enugu woman killed house-help, feigned kidnap - PoliceThe Enugu State Police Command says it has concluded an investigation into the case of the alleged murder of 9-year-old house help, Precious James
Read more »
Plateau Traditional Ruler Kidnapped, Rescued By Police, Palace Guard Killed – THISDAYLIVE
Read more »
Police arrest 14 persons for allegedly killing district head in NigerThe Police Public Relation Officer of the state, Wasiu Abiodun, while parading the suspects, said they were arrested after a house-to...
Read more »
Senator Ubah Backs Calls For Exit Of Police From Pension SchemeAnambra South Senator and candidate of the Young Progressives Party (YPP) for the 2023 Anambra South senatorial election, Dr Patrick Ifeanyi Ubah, has called
Read more »
No tribal killing in Rivers, state safe - PoliceThe Police have declared as false reports of tribal killings and conflict in Rivers State, insisting that the state is safe.
Read more »