Today in Parliament: NAPSA BILL, 2026
The Minister of Labour and Social Security
The National Pensions Scheme – Bill
– To continue the existence of the National
Pensions Scheme Authority and re-define its functions;
– Re-constitute the Board of the National Pension Scheme Authority and re-define its functions;
– Continue the existence of the membership, contributions and benefits structure under the
National Pension Scheme and provide for its administration and management;
– Provide for the establishment of sub-schemes;
– Establish the National Pensions Scheme Fund and provide for its administration and management;
– Provide for the registration of employers and members;
– Provide for the payment of pensions contributions;
– Provide for the payment of benefits; repeal and replace the National Pensions Scheme Act, 1996;
– And provide for matters connected with, or
incidental to, the foregoing.