Section 21: Pension and other retirement benefits as Amended by Section 6 of the National Open University (Amendment) Statute, 2018

(1) Service in the University shall be pensionable in line with the Pension Reform Act and employees of the University shall be entitled to pension and other retirement benefits as prescribed in the Pensions Reform Act.
(2) Notwithstanding the provision of subsection (I), nothing in this Act prevents the appointment of a person to any office on terms and conditions, which preclude the grant of pension or other retirement benefits in respect of that office.
(3) For the purpose of the application of the Pensions Reform Act, any power exercisable by a Minister or Authority of the Federal Government, not being the power to make regulations under the section 97 of the Act, are exercisable by the Council and not any other person or Authority.