PENSION REFORM ACT, 2014

Section 12: Contributions of the Federal Government and Federal Capital Territory Administration

2014Section 12 of 120Federal Republic of Nigeria

(1)
The contributions of the Federal Government to the retirement benefits of employees of the Public Service of the Federation under Section 11(3) of this Act shall be a charge on the Consolidated Revenue Fund of the Federation.
(2)
The contributions of the Federal Capital Territory Administration to the retirement benefits of employees of the Federal Capital Territory under section 11(3) of this Act shall be a charge on the Revenue Fund of the Federal Capital Territory.
(3)
The Accountant-General of the Federation shall make the deductions of the contributions mentioned in sub-section (1) of this section.
(4)
The Federal Capital Territory Treasury shall make the deductions of the contributions mentioned in sub-section (2) of this section.

Cite this section

Section 12, PENSION REFORM ACT, 2014 (2014).

https://repo.podus.ai/laws/pension-reform-act-2014/section/12/