Section 45: Functions of the Federal Government and Federal Capital Territory Pension Transitional Arrangements Directorates
The Federal Government and Federal Capital Territory Pension Transitional Arrangements Directorates shall, respectively, carry out the existing functions of the relevant pension boards or offices in the Public Service of the Federation and Federal Capital Territory and shall in particular -
(a)
make budgetary estimates for existing pensioners and the officers exempted from this Scheme under section 5(1)(b) of this Act
(b)
prepare and submit the monthly payroll of pensioners to the office of the Accountant-General of the Federation for direct payment from the budgetary allocation maintained with the Central Bank of Nigeria to pensioners' bank accounts;
(c) issue payment instructions to the office of the Accountant-General of the Federation
(d) maintain a comprehensive database of pensioners under their respective jurisdiction;
(e)
ascertain deficits in pension payments, if any, to existing pensioners or the categories of officers exempted under section 5(1)(b) of this Act, and carry out such other functions aimed at ensuring the welfare of pensioners as the Commission may, from time to time, direct; and
(f)
render monthly returns to the Commission on existing staff, pensioners, deceased pensioners, details of next of kin of deceased pensioners and on any other issue as may be required by the Commission, from time to time.
Cite this section
Section 45, PENSION REFORM ACT, 2014 (2014).
https://repo.podus.ai/laws/pension-reform-act-2014/section/45/