…Nigeria already operates a mandatory pension contribution rate of 18 per cent under the Pension Reform Act 2014, with employers contributing 10 per cent and employees contributing 8 per cent. The group noted that the current rate is comparable to the average mandatory pension contribution level in member countries of t…

…to review the statutory provisions governing pensions, including Section 15(4) of the Pension Reform Act 2014, in line with Section 173(3) of the 1999 Constitution, as amended.

…"What baffles many of us is how government simply decided to stop paying gratuity. The Pension Reform Act was exactly that-a pension reform act, not a gratuity reform act. The law never abolished gratuity. Pension and gratuity are different things. "Yet some employers began acting as though gratuity no longer existed.…