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Check if your monthly pension contributions are correctly remitted

Spread the loveWhen you get paid your salaries at the end of the month, it is required by law that your employer remits your monthly pension contribution, both employee and…

Employers stand to gain a lot from complying with the Pension Law. Here’s how

Spread the loveEmployers are required to deduct and remit pension contributions on behalf of their employees under the mandated Contributory Pension Scheme (CPS). They are also required to maintain a…

If you plan to travel or are already abroad, read this about your pension plan

Spread the loveNigerians in the diaspora can make Cross-Border Pension contributions under the Contributory Pension Scheme (CPS). A Nigerian working abroad who wants to participate in the CPS might do…

The Micro Pension Plan (MPP) and Its many benefits – Part 2

Spread the loveIn the second part of this article, we will look at the different ways contributions can be made into a micro pension plan account. You can read the…

Application Requirement For The Pension Clearance Certificate (PCC) – PenCom

Spread the loveThe Pension Reform Act, 2014 (PRA, 2014) mandates all organizations with at least three employees to participate under the Contributory Pension Scheme (CPS). Consequently, the National Pension Commission…

The Micro Pension Plan (MPP) and its many benefits – Part 1

Spread the loveIntroduction The Micro Pension Plan (MPP), also known as the Fund V in the Multi-Fund structure, was introduced to cover the informal sector which comprises self-employed individuals and…

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