Micro Pension To Take Off in January, 2019 As FGN Approves New Guidelines

Posted On: October 4, 2018

This is to inform you that the Federal Government has approved the Micro Pension guidelines and is set to commence in January, 2019.

This is announced by the Acting Director General National Pension Commission (PenCom) Mrs. Aisha Dahir-Umar , at the 2018 conference organized by PenCom for Directors of Pension Fund Operators. The scheme is meant to capture people in the informal sector of the economy and expand the outreach of the new pension scheme. This is described as huge development that could enhance the growth of pension assets in the country to the tune of more than 3 Trillion Naira