Section 117: Real and Savings Provision.

(1) The Pension Reform Act No.2, 2004 as amended, is repealed.
(2) Pursuant to the provision of sub-section (1) of this section, the following enactments are repealed-
(a) the Pension Act 1990 ;
(b) the Police and other Agencies Pensions Offices (Establishment, etc.) Act,1993 ; and
(c) the Police Pension Rights of Inspector-General of Police Act, 1993.
(3)
Without prejudice to the provisions of section 6 of the Interpretation Act, the repeal of the enactments specified in sub-sections
(1) and (2) of this section shall not affect:
(a) any additional fringe benefits enjoyable upon retirement by any person before the commencement of this Act except as provided by this Act; and
(b) anything done or any action taken under or pursuant to the repealed enactments except that such thing done or any action taken shall be construed in accordance with the provisions of this Act.
(4)
Every regulation, order, requirement, certificate, notice, direction, decision, authorization, consent, application, request or thing made, issued, given or done under the repealed Act shall, if in force at the commencement of this Act, continue to be in force and have effect as if made, issued, given or done under the corresponding provisions ofthis Act.
(5)
All assets, funds, resources and other movable and immovable property which, immediately before the commencement of this Act, vested in the Commission established under the repealed Act shall, by virtue of this Act and without further assurance, be vested in the Commission.
(6)
Every reference to the Commission established under the repealed Act, Board, Minister, Director-General, Chairman or any person under their control or a document issued in the name of the Commission established under the repealed Act, Board, Director-General, Chairman of the former Board or employee of the former Commission shall be read, unless the context otherwise requires, as a reference to the Commission, Board, Director-General, Chairman, or an employee of the Commission.
(7)
Every board of trustees established or operating under any of the enactments repealed under this section shall transfer all the pension funds and assets hitherto held by it to the Federal Government Pension Transitional Arrangements Directorate or Federal Capital Pension Transitional Arrangement Directorate, as the case may be, established in respect of the Public Service of the Federation and Federal Capital Territory under sections 42 and 44 of this Act, respectively.
(8) The Commission shall supervise the transfer of all the pension funds and assets under subsection (7) of this section.