Section 44: Establishment of Pension Transitional Arrangements Directorate for the Federal Capital Territory.
(1)
There is established for the Federal Capital Territory, a Federal Capital Territory Pension Transitional Arrangements Directorate (in this Act referred to as "the Federal Capital Territory Pension Transitional Arrangements Directorate").
(2)
The Federal Capital Territory Pension Transitional Arrangements Directorate shall be a Directorate under the Federal Capital Territory Administration.
(3)
The Federal Capital Territory Pension Transitional Arrangements Directorate shall be headed by an Executive Secretary, not below the level of a Director, and shall be made up of the following Departments to be represented by an officer not below the rank of a Director -
(a) the Federal Capital Territory Pension Department;
(b) the Area Councils Pension Department;
(c) the Pensioner Service Department;
(d) the Information Technology Department; and
(e) the Support Services Department.
(4)
The Federal Capital Territory Pension Transitional Arrangements Directorate shall also comprise of other relevant Departments as may be determined by the Minister of the Federal Capital Territory, from time to time.
(5)
The Federal Capital Territory Pension Transitional Arrangements Directorate may, from time to time, appoint such other category of employees as may appear to it expedient and necessary for the proper and efficient performance of its functions under this Act.
(6)
The Federal Capital Territory Pension Transitional Arrangements Directorate shall fix and pay its employees such remuneration, allowances and other benefits as it may determine, from time to time, subject to the approval of the Minister ofthe Federal Capital Territory.
(7)
The expenses of the Federal Capital Territory Pension Transitional Arrangement Directorate shall be defrayed from its Fund, which shall consists of the initial take-off grant and annual subvention from the Federal Capital Territory as well as other assets and monies that may, from time to time, accrue to it.
Cite this section
Section 44, PENSION REFORM ACT, 2014 (2014).
https://repo.podus.ai/laws/pension-reform-act-2014/section/44/