Some Nigerian senators and pension operators on Friday disagreed over the Nigeria Police Force’s request for exemption from the Contributory Pension Scheme (CPS).
Punch newspaper reported that at a public hearing on Police Pension Board Bill on Friday, senators, the Police and groups of Police retirees supported the proposal to exclude the Police from CPS. However, the National Pension Commission, Pension Fund Operators Association of Nigeria, and other stakeholders kicked against the request.
Represented by Deputy Inspector General of Police, Sanusi Lemu, the Inspector-General of Police, Alkali Baba, said the police required a distinct board on its own for the management and administration of pensions of retired Police personnel in the mode of the Military Pension Board.
