Ogun State government and the State chapter of organised labour have agreed to work together to review the aspects of the State’s new Pension Reform Law 2020, which organised labour have complained about. Ogun State new Pension Reform Law 2020 was recently passed by the state’s House of Assembly but it awaits the assent of Governor Dapo Abiodun.
A team of government officials had discussions on the issues raised by organised labour, and concluded that since the law has not been assented to by the Governor, it’s possible to accommodate their positions, and therefore suspended the new Pension Reform Law 2020 passed last week by the State House of Assembly.
“As things stand, since the Bill is yet to be assented to, the government, labour unions and other stakeholders agreed to study the proposed reform and forward areas of concerns to the government within one week. Government will now harmonise disparate positions and return same to the House of Assembly for consideration and amendment.”
The labour leaders, while appreciating the good intentions of the government had expressed reservations about inadequate consultations with the supposed beneficiaries of the new Pension Reform Law 2020, saying that was the main reasons for the rejection.