The Micro Pension Plan: What You Need To Know.
Over the years, pension in Nigeria has been limited to the formal sector. However, the introduction of the Micro Pension Plan (MPP) in 2019, has extended the Contributory Pension Scheme to include both formal and informal sectors of the Nigerian economy. Discover how you can be a part of it! What is the Micro Pension […]
Boost Your Pension Savings with Additional Voluntary Contribution Plan.
Planning for retirement is a crucial aspect of financial management, and in today’s dynamic economic environment, it is essential to go beyond the basics. While the mandatory contributory pension plan provides an excellent foundation, the Additional Voluntary Contribution (AVC) plan allows you to significantly boost your retirement savings. What is Additional Voluntary Contribution (AVC) Plan? Additional Voluntary […]
Benefits and Importance of the Contributory Pension Scheme.
The Contributory Pension Scheme (CPS) is a pension plan in Nigeria where both employees and employers contribute a portion of the employee’s salary into a Retirement Savings Account (RSA). Employee contributes 8% of their monthly salary, while the employer contributes 10%. Benefits and importance of the Contributory Pension Scheme include: Financial Security in Retirement: One […]
Pensions: Myths Vs Reality
Even though pensions are an essential element of everyone’s life after retirement, certain myths and misconceptions can lead to financial mistakes for individuals. Few topics are as puzzling as pensions when it comes to financial planning and our aim is to make it easier for people to take decisions on their retirement savings through demystifying […]
CrusaderSterling Pensions, MD/CEO Wins Awards at The 2023 West Africa Innovation Awards
We are thrilled to announce that CrusaderSterling Pensions (CPL), a leading Pension Fund Administrator in Nigeria, has received two prestigious awards at the 2023 West Africa Innovations awards ceremony, demonstrating our unwavering dedication to excellence and customer satisfaction in the pension industry. CrusaderSterling Pensions was honored with the “Most Valuable Pension and Finance Company of […]
Be like Rex (Our valued Customer) – Own a Home before Retirement.
Rex is a young, employed millennial, who has been in service for some years. Over the years his employer has actively funded his pension account with us monthly while he has contributed voluntarily from time to time. Recently Rex was able to access 25% of his RSA balance for mortgage. How? Keep reading… On September […]
