A bill to create the Police Pensions Board passed second reading in the Senate on Tuesday.
The bill which was sponsored by Senator Elisha Abbo (Adamawa North) was read for the first time on June 14.
Abbo, who led the debate on the bill in plenary, noted that the current pension scheme for the Nigerian police fell under the Pension Commission under Section 5(1) of the Pensions Act 2014. pension reform.
He said the Police, although the country’s premier law enforcement and security agency, remained on the contributory pension scheme unlike the Nigerian Army, Nigerian Navy, Air Force Nigerian and other security agencies that had their pension boards.
The lawmaker said: “The resulting inclusion and continued stay of the NPF in PENCOM has put them on the wrong side of post-service emoluments life. The Nigerian Police has a responsibility not only to protect the life and property of citizens but also to detect and prevent crime.
He expressed dismay at the disparities between the pension and gratuity benefits of the police and their counterparts in the military.
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Abo added: “A quick look at the difference between the pension and gratuity benefits of the Nigerian Police and its military counterpart shows, for example, that the benefit of a Deputy Superintendent of Police (DSP) in the Under the current pension scheme is N2.5 million.That of a Deputy Superintendent of Police (ASP) is N1.5 million.
“While their DSP equivalents in the Army (Captain), Navy (Lieutenant), Air Force (Captain) and DSS (Captain) are paid N12.8 million and N10.3 million naira.”
Senate President Ahmad Lawan later referred the bill to the Senate Policing Committee for further legislative review.
The committee had four weeks to report to the Senate in plenary session.
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