Pension

Lagos State set to implement PRA 2014

LAH

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Chuks Udo Okonta

Lagos State is almost set to commence implementation of the Pension Reform Act 2014, Inspen can report.

Investigations revealed that the state is putting finishing touches on its legislation to pave way for the implementation.

Director-General Lagos State Pension Board (LASPEB) Mrs Folashade Onanuga, has assured that the state would commence implementation this year.

“We believe that where there is a will there will be a way. The workers are the most valued assets, if they are valued and investment made for them in and out of office, they would be more dedicated to their works and that would bring good output. If workers know that their employers are interested in their well being, they would put in their best towards the good of the organisation.

“We have looked critically on the PRA 2014 Act, we have dissected it and we know the ones we would take in the amended law of the Lagos State Government,” she said.

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