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WE ARE COMMITTED TO SAFETY OF PENSION FUNDS – PENCOM

The National Pension Commission (PenCom) said it is committed to ensuring the safety of pension funds, stating that adequate structures have been established in this regard. Speaking at the 2022

  • PublishedAugust 23, 2022

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The National Pension Commission (PenCom) said it is committed to ensuring the safety of pension funds, stating that adequate structures have been established in this regard.

Speaking at the 2022 Workshop organized by PenCom for journalists in Lagos, Director-General of PenCom, Mrs. Aisha Dahir-Umar, said it is taking strategic steps to encourage more participation of workers from the informal sector of the economy in the Micro Pension Plan in order to expand the Contributory Pension Scheme (CPS).

Dahir-Umar who was represented at the Workshop by the Head of Corporate Communications, Mr. Abdulqadir Dahiru, said the theme of this year’s workshop, “Increasing Informal Sector Participation in the Contributory Pension Scheme (CPS): The case for Micro Pension Plan”, aligns with the Commission’s objective of expanding coverage of the CPS.

She stated that the objective is to bring into the CPS, Nigerians working in the Informal Sector and those who are self employed through the Micro Pension Plan (MPP), noting that: “It is of utmost importance to educate the media on the MPP and enlist your support to make the Plan popular amongst informal sector workers and the self-employed.”

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