Operators reject N’Assembly workers’ plan to exit CPS

Operators under the Contributory Pension Scheme have kicked against a Bill to exempt workers of the National Assembly from the scheme.

A statement from the operators said, “Newspaper reports have come to our attention stating that a ‘Bill for an Act to amend the Pension Reform Act, 2014, to exclude/exempt the National Assembly Service from the Contributory Pension Scheme and Establish the National Assembly Service Pension Board; and for Related Matters (HB 2025)’ has been passed by the House of Representatives to exempt the National Assembly staff from the Contributory Pension Scheme by establishing a National Assembly Pension Board.

“We are not convinced that this bill was passed in good faith. We also believe that an important bill of this nature, should go through the standard and due legislative processes. One of such processes is the convening of a public hearing where all stakeholders that are affected by the bill are invited to discuss and engage.”

The operators added, “All the stakeholders like the workers union, labour, the Pension Fund Operators, the regulators, employers of labour and other critical stakeholders were not engaged in the process. We are also aware that some principal officers of the House who normally should oversee the passage of bills were unavoidably absent, bringing the integrity of the process into question. We are forced to question whose interests this bill is geared to serve.”

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