FG scraps police pension office

THE Federal Government has scrapped the Civil Service Pension Department, the Police Pension Office and the Customs, Immigration and Prisons Pension Office (CIPPO).
President Goodluck Jonathan has accordingly approved the establishment of a Pension Transition Arrangement Department (PTAD) and the appointment of Ms. Nellie Mayshak as its Director-General.
This new development in the administration of pension was disclosed in a circular signed by the Head of the Civil Service of the Federation, Alhaji Bukar Goni Aji, in Abuja on Wednesday.
The circular has also been sent to all Ministries, Departments and Agencies of the Federal Government.
In the circular, the Head of Service explained that the establishment of the new pension department was in line with Section 30, Sub Section (2a) of the Amended Pension Reform Act 2004, and it will take over the management of three of the offices presently running the old pension scheme.
These are the Civil Service Pension Department, the Police Pension Office and the Customs, Immigration and Prisons Pension Office (CIPPO).
Accordingly, the Director-General is expected to spearhead the smooth transition of the three offices into a single pension administration and management under the supervision of the National Pension Commission (PENCOM).
Goni Aji added that the new DG would directly report to the Office of the Coordinating Minister for the Economy and  Minister of Finance for coordination and control.
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