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Laws of the Federation Preview 30 min read

National Assembly Service Pensions Board (Establishment) Act, 2023

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(2023)

SECTION 1

There is established the National Assembly Sen ice Pensions Board (in this Act referred to as “the Board”) charged with the responsibility of managing payments of pensions and gratuities to all personnel of the Service.

Establishment of the National Assembly Service Pension Board.

SECTION 2

(1) The Board shall consist of-
(a) the Chairman and chief executive officer who shall be a retired Clerk to the National Assembly;
(b) a retired Clerk of the Senate or House of Representatives;
(c) a retired Deputy Clerk of the Senate or House of Representatives;
(d) a retired Secretary Human Resources:
(e) a retired Secretary Finance and Account;
(f) a retired Secretary to the National Assembly Service Commission; and
(g) a representative of the Parliamentary Staff Association of Nigeria (PASAN).
(2) The Chairman and members of the Board shall be appointed, by the President of the Senate in consultation with the Speaker of the House of Representatives, on the recommendation of the Association of Retired Clerks and Secretaries of the National Assembly.
(3) The Secretary of the Board shall be-
(a) a retired Director of the National Assembly; and
(b) a retired Director of the National Assembly; and
(4) A Chairman and other members of the Board shall hold office for a single term of five years from the dare of their appointment.

Composition of the Board.

SECTION 3

(1) Subject to the provisions of this Act, any pension or gratuity payable to any personnel under this Act shall be computed in accordance with the provisions of the Regulations of the Service.
(2) In computing pensionable service and qualifying service for the purpose of this Act, any period of service over six months and not included in a completed year shall, for the purpose of the Schedule to this Act as it relates to personnel entitled to pension, count as one year.

Computation of pension or gratuity.

SECTION 4

There shall be charged on and paid out of the Consolidated Revenue Fund of the Federation, all such sums of money as may be granted by the Federal Government by way of pension and gratuity in accordance with this Act.

Pension to be charged on the Consolidated Revenue Fund of the Federation.

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