The National Pension Commission (PenCom) says reforms under the contributory pension scheme (CPS) have eased challenges encountered by employees. The commission said this recently in a video message to Nigerians.
“As we speak, the total pension assets in the country has amounted to over N14 trillion and PenCom has launched the new edition of pension enhancement for retirees on programme withdrawal under the contributory pension scheme,” the commission said.
“The most exciting benefit is that [it is] not only public and civil servants will be enjoying pension in our country; private sector, traders, tailors, fashion designers, shoemakers, civil societies — almost all citizens — can enrol in the pension scheme under the micro pension plan. “This means that everyone can begin to plan for their lives and in the future, and the national security problem will end in our country.”
PenCom further lauded the federal government for revamping the pension scheme, enjoining Nigerians to make wise use of them.
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