NATIONAL ASSEMBLY SERVICE PENSION BOARD ACT

What Is This Policy?

An act establishing the National Assembly Service Pension Board to manage pension and retirement benefits for staff of the National Assembly.

Who Does It Target?

Current and retired staff of the National Assembly (both Senate and House of Representatives), including legislative aides and administrative personnel.

What Does It Aim to Achieve?

Ensure efficient management and disbursement of pension and retirement benefits for National Assembly staff, in line with the Contributory Pension Scheme.

Key Features

Dedicated Board: Establishes a specialized board for managing National Assembly pensions. Pension Management: Handles pension contributions, disbursements, and records. Retirement Benefits: Ensures timely payment of retirement benefits to eligible staff.

Current Status

Rollout Stage: Enacted and operational. Coverage: All staff of the National Assembly. Funding: Contributions from staff and employer (National Assembly).

How to Access

National Assembly staff are automatically enrolled through the pension scheme. Enrollment is automatic for qualifying staff Access pension records through the Board

Important Terms

Pension benefits are subject to the provisions of the Pension Reform Act and the Board's regulations.

Impact & Metrics

Ensures secure retirement for National Assembly staff through proper pension management.

Official Resources

Website: nass.gov.ng Contact: National Assembly Service Commission, Abuja

Legal Framework

Enacted under Section 4 of the 1999 Constitution. Operates alongside the Pension Reform Act 2014, the National Assembly Service Commission Act, the National Pension Commission regulatory framework, and the Contributory Pension Scheme guidelines applicable to federal government employees.