Sponsored by Rep Francis Waive (APC-Delta), the bill was read for the second time on the floor of the House of Representatives on Tuesday, in Abuja.
Leading the debate, Waive stated that the bill sought to amend Section 5, sub-section 1 paragraph (a) of the Pension Reform Act of 2014.
According to him, this will include the Nigerian Police Force as part of the categories of persons exempted from the Contributory Pension Scheme, which presently include members of the Armed Forces, the intelligence and secret services of the Federation.
The lawmaker said that the Nigerian Police was brought under the current pension scheme by former President Olusegun Obasanjo’s administration.
Waive said, “unfortunately, in adopting the same model, he brought the police under the Nigerian Contributory Pension scheme, while exempting the military and other intelligence agencies.
The lawmaker said that the Nigeria Police Pensions Limited emanated from a Presidential approval that was aimed at enhancing the welfare of serving and retired police officers.
He, however, alleged that operating under the current pension scheme had been both unpalatable and regrettable for the retirees of the Nigerian Police Force.
The Police, being the front line security agency in the country, were exposed to dangers day and night more than the other security agencies and as such deserved better treatment during and after service.
“For example, the highest retirement benefit of a Deputy Superintendent of Police under this obnoxious pension scheme is N2.5m.
” That of Assistant Superintendent of Police is N1.5m, while their equivalent in Army (captain) and DSS are paid N12.8m and N10.3m respectively,” he said.
Uzoma Abonta (PDP-Abia), in his contribution, said that other security agencies should also benefit from the exemption.
The News Agency of Nigeria (NAN)