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The Pension Reform Bill 2026: What Nigeria’s Proposed Pension Overhaul Means for Employers

The Pension Reform Bill 2026: What Nigeria’s Proposed Pension Overhaul Means for Employers

Overview

The Pension Reform Bill 2026 introduces significant proposed changes to Nigeria's pension framework. In this Labour & Employment Insight, we analyse the Bill's key provisions, including expanded coverage, increased employer contribution obligations, enhanced enforcement measures, and efforts to address longstanding judicial gaps relating to group life insurance enforcement, pension remittances, and nominal RSA disputes. We also outline practical steps employers can take in anticipation of the proposed reforms.

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