Pension Reform Act 2004
(Enacted by the National Assembly of the Federal Republic of Nigeria)
Establishment and objectives or contributory pension scheme for employees in public and private sectors
- 1. There shall be established for any employment in the Federal Republic of Nigeria, a Contributory Pension Scheme (in this Act referred to as "the Scheme") for payment of retirement benetits of employees to whom the Scheme applies'under this Act.
- 2. Subject to Section 8 of this Act, the Scheme shall apply to all employees inthe Public Service of the Federation, Federal Capital Territory and the Private Sector in the case of the Public Sector, who are in employment; and in the case of the Private Sector, who are in employment in an organisation, in which there are 5 or more employees.
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