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Stanbic IBTC Pension Managers Limited is pleased to announce that on 01 July 2014, the President signed the Pension Reform Act (PRA) 2014 into law and this repeals the PRA 2004. The new Act will continue to govern and regulate the administration of the Contributory Pension Scheme for both the public and private sectors in Nigeria.
A summary of updates on the new PRA 2014 can be found here.
Download a copy of the Act.