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  • How And When To Access Your Retirement Benefits Under The CPS – Part 2

How And When To Access Your Retirement Benefits Under The CPS – Part 2

In the first series of this article, we walked you through the different types of retirement available under the Contributory Pension Scheme (CPS). In this second article, we will be…

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

In 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 first part…

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

Introduction 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 SMEs. Until…

MPP Participation in the informal sector below expectation – Operators

The Micro Pension Plan (MPP) which was launched 3 years ago has enrolled just 72,846 Nigerians in the informal sector according to the National Pension Commission (PenCom) and it is…

Micro Pension Plan: PenCom dissatisfied with the slow pace of growth

Before the official launch of the Micro Pension Scheme (MPP) in March 2019, the National Pension Commission expressed hope that the scheme would triple the volume of pension assets over…

Poor economy, unstable income cause of low participation in Micro Pension – Report

In a recent report published in the Economist, the paper noted major causes of low participation in the Micro Pension Plan by the informal sector. According to the report, poor…

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