State Govts Remit N237bn Pension Contributions For Workers In 4 Years

State Govts Remit N237bn Pension Contributions For Workers In 4 Years …C0NTINUE READING HERE >>>

Some of the 25 States including the Federal Capital Territory (FCT) who have enacted pension laws on the Contributory Pension Scheme (CPS), have paid N236.7 billion pension contributions into the Retirement Savings Accounts (RSAs) of their respective workers in the last four years, it was learnt.

The pension contributions, by design, is to ensure every worker captured in the new pension scheme known as Contributory Pension Scheme(CPS), has a good retirement life, leveraging on the monthly…

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