Section 29: Corporation empowered to establish pension schemes
(1) It shall be lawful for the Corporation to establish a scheme or schemes for the payment of pensions, superannuation allowances or gratuities to servants on the establishment of the Corporation who become incapable of discharging their duties by reason of permanent infirmity of body or mind or of old age or upon their resigning or otherwise ceasing to serve the Corporation, and to the dependants of such servants who die while in the service of the Corporation.
(2) Any pension scheme established by the Corporation under the provisions of subsection (1) of this section shall be such as to make it possible for service with the Corporation to be regarded as other public service under the provisions of the written law relating to pensions of officers of the Government in force at the time the scheme is established.
Cite this section
Section 29, NIGERIAN COAL CORPORATION ACT (1950).
https://repo.podus.ai/laws/nigerian-coal-corporation-act/section/29/