CrusaderSterling Pensions (CPL) is proud to announce that it has successfully paid over One Billion Naira to her customers as equity contributions for mortgage payments. This significant milestone highlights CPL’s unwavering commitment to supporting customers in securing a peaceful and prosperous retirement.
In 2024, CrusaderSterling Pensions has achieved a remarkable threefold increase in equity mortgage payments compared to the previous year. This growth demonstrates the company’s dedication to enhancing the financial well-being of CPL customers and providing them with financial security. Analysis of the data revealed that the individuals who have accessed their Retirement Savings Account (RSA) for equity mortgage contribution were 60% male, and 40% female.
Through the provisions of the Pension Reform Act (PRA) 2014, which allows contributors access to 25% of their RSA balance for equity mortgage contributions, the Contributory Pension Scheme has become a crucial means of helping workers secure their desired homes. This highlights the scheme’s strength and significant impact on Nigeria’s housing sector.
As a Pension Fund Administrator committed to helping its customers retire to a life of value, CrusaderSterling Pensions understands that rent can be a major burden during retirement. By facilitating substantial equity contributions, the company aims to lift this burden and enable CPL clients enjoy their retirement years without the stress of ongoing rental payments.
The company remains committed to empowering its customers with the resources and support they need to achieve financial freedom and comfortable retirement. CrusaderSterling Pensions thanks all her customers for placing their trust in the company as it strives for excellence in serving their needs.
Click here to read more on how you can own a home using your Retirement Savings Account (RSA) balance.
For questions or clarification, call Tomi on 0201 2713800-4 or Chidiogo on 0201 2714605, or email us at info@crusaderpensions.com
