Service – Micro Pensions
Micro Pensions
Persons under 18 years of age with legitimate sources of income can register with us for Micro Pensions Plan under Section 2 (3) of the PRA 2014 and shall be resident in Nigeria.
Other eligible categories are:
- Self-employed persons that belong to a Trade, Profession, Cooperative or Business Association.
- Self-employed persons with a business registration as a company, partnership or enterprise.
- Employees operating in the informal sector who work with or without formal written employment contract.
- Other self-employed individuals.
The Contributions are made in Nigerian currency (Naira) and could be made daily, weekly or monthly. Every contribution shall be split into two comprising 40% for contingent withdrawal and 60% for retirement benefits.
