President
Goodluck Jonathan has signed the Pension Reform Bill 2014 into law.
The
new law repeals the 2004 Pension Reform Act No. 2 and prescribes a 10- year
jail term for pension thieves.
The
Senate and the House of Representatives had, respectively, passed the new 2014
Pension Reform Bill which also accommodates employees of private firms in the
contributory pension scheme.
According
to postings on the Twitter handle of the presidential media aide, Reuben Abati,
on Tuesday, the