Pension

Micro Pension: 25,691 Contributors Remits N978,492.50 To PFAs Q3 2019

, Mrs. Aisha Dahir-Umar,PenCom DG

BY NKECHI NAECHE-ESEZOBOR-The National Pension Commission ( PenCom) in its third quarter report 2019 said
a total of 4,257 contributors had registered under the Micro Pension Plan (MPP).

According to PenCom’s third quarter report this brought the total participants under the MPP to 25,691.

The report added the registered contributors remitted a total of N978,492.50 to their RSAs during the period under review.

On sensitization on Micro Pension Plan, the Commission said it maintained its effort to enlighten and educate informal sector workers of the enormous advantages of the Micro Pension Plan.

It added that during the third quarter ( Q3) under review, the Commission produced the translated Frequently Asked Questions (FAQs) on the MPP into three major Nigerian languages and Pidgin English for easy understanding for the MPP participants.

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