Pension Reform Act (PRA) 2014 Breakdown with comments.
Section 2 – Application of PRA 2014
Subsection 1 states that;
(1) The provisions of this Act shall apply to any employment in the Public Service of the Federation, the Public Service of the Federal Capital Territory, the Public Service of the States, the Public Service of the Local Governments and the Private Sector.
PensionNigeria Comment on PRA 2014 Section 2(1)
The provisions of this section empowers PRA 2014 to apply to practically everybody working in Nigeria, except those that are specifically exempted.
This is a good step towards eradication of old age labour and poverty in Nigeria.