Pension News

National Assembly Staff now Exempted from Contributory Pension Scheme (CPS)

Former President of the Federal Republic of Nigeria, Muhammadu Buhari assented to the National Assembly Service Pensions Board (Establishment) Bill shortly before he handed over power.

The National Assembly Service Pensions Board (Establishment) Act establishes the National Assembly Service Pensions Board to administer the pension scheme for personnel of the Service and exempts the personnel of the National Assembly Service from the Contributory Pension Scheme (CPS).

This was disclosed in a statement signed by the Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Babajide Omoworare, on Sunday 28 May 2023.

Read more on Exemption of National Assembly Staff from Contributory Pension Scheme (CPS) HERE

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