September 25, 2017

JONATHAN SIGNS PENSION REFORM BILL 2014 INTO LAW

JONATHAN SIGNS PENSION REFORM BILL 2014 INTO LAW
1102F05.Goodluck-Jonathan.jpg - 1102F05.Goodluck-Jonathan.jpg

 By Jaiyeola Andrews

 
President Goodluck Jonathan Tuesday signed the Pension Reform Bill, 2014 into law. With this, the Pension Reform Act, No 2, 2004 has been repealed.

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The new law prescribes 10-year jail term for anybody that embezzles  pension fund. The bill had been passed by the House of Representatives  on May 27, while the Senate passed the bill on June 3.

 

Read more here.

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