Section 3: Functions of the Commission

The functions of the Commission shall be to-(a) advise the Federal Government on national incomes policy;
(b) recommend the proportions of income growth which should be utilised for general wage increase;
(c) inform the Federal Government of current and incipient trends in wages and propose guidelines within which increase in wages should be confined;
(d) keep the Federal Government informed on a continuing basis of movement of all forms of income and propose guidelines relating to profits, dividends and all incomes other than wages;
(e) encourage research on wages structure (including industrial, occupational and regional and any other similar factor), income distribution and household consumption patterns;
(f) keep prices under continuous surveillance, interpret price movements and relate them to other developments in the national economy;
(g) propose measures for the regulation of prices and wages in the various sectors of the economy and for the control of hoarding;
(h) encourage and promote schemes for raising productivity in all sectors of the economy;
(i) establish and run a data bank or other information centre relating to data on wages and prices or any other variable and for that purpose to collaborate with data collection agencies to design and develop an adequate information system;
(j) inform and educate the public on prices, wages and productivity, their relationships with one another and their inter-play in determining standards of living and real economic growth;
(k) examine and advise on any matter referred to it by the Federal and State Governments concerning any of the functions conferred on it by or pursuant to this Act;
(l) examine, streamline and recommend salary scales applicable to each post in the public service;
(m) examine areas in which rationalisation and harmonisation of wages, salaries and other conditions of employment are desirable and feasible as between the public and private sectors of the economy and recommend guidelines which will ensure sustained harmony in work compensation policies in both the public and private sectors;
(n) examine the salary structures in the public and private sectors and recommend a general wages framework with reasonable features of relativity and maximum levels which are in consonance with the national economy;
(o) examine and recommend effective machinery for assembling data on a continuing basis taking into account changes in the cost of living, productivity levels, levels of pay in the private sector and other relevant economic data on which public sector salary and other benefits can be reviewed annually;
(p) examine the current rate of retirement benefits and recommend appropriate mechanism for periodic review of retirement benefits;
(q) inquire into and make recommendations on any other matters which, in the opinion of the Commission, appear to be relevant to the foregoing and therefore ought, in the public interest, to be inquired into; and
(r) undertake any other activity which is likely to assist in the performance of the functions conferred on it by or pursuant to this Act.