Micro Pension Contributions received per PFA Q3 2022
National Pension Commission (PenCom) has released the pension contributions received from Micro Pension Contributors (MPC) per Pension Fund Administrator (PFA) in its 3rd quarter 2022 report.
The total Pension Contributions received from MPCs in Q3 2022 was ₦45,135,440.45. This brings the total Pension Contributions received to ₦325,915,922.12 from inception of the Micro Pension Plan in March 2019 to 30 September 2022.
A breakdown of the pension contributions received in the 3rd quarter of 2022 showed that Stanbic IBTC Pension Managers Limited, ARM Pension Managers (PFA) Limited and Premium Pensions Limited had the highest contributions collected within the period July to September 2022 with ₦20,214,711.66, ₦6,445,307.61 and ₦5,909,100.00, respectively.
In contrast, the PFAs with the lowest contributions were Crusader Sterling Pensions Limited, First Guaranty Pensions Limited and Norrenberger Pensions with ₦42,000.00, ₦40,050.90 and ₦37,600.00, respectively. Also, Oak Pensions Limited and Radix Pension Managers Limited did not receive any contribution from their registered MPCs during the 3rd quarter of 2022.
A breakdown of the micro pension contributions received from inception of the Micro Pension Plan in March 2019 to 30 September 2022, revealed that, Stanbic IBTC Pension Managers Limited, ARM Pension Managers (PFA) Limited and Fidelity Pension Managers Limited accounted for the largest amount with ₦143,334,840.77, ₦38,619,864.84 and ₦38,567,887.14 representing 43.98%, 11.85% and 11.83%, respectively as at 30 September 2022.
Please see below Micro Pension Contribution per PFA for July to September 2022 and for Inception of the Micro Pension Scheme in March 2019 to 30 September 2022.
READ MORE about Micro Pension below
Update on the Micro Pension Plan
Micro Pension Contributions per PFA
Micro Pension RSA Fund 5 Return on Investment
Micro Pension Registrations per PFA & Fastest Growing PFAs
The Micro Pension Plan A Stage Play
Micro Pension Frequently Asked Questions (FAQ)
FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (PIDGIN)
FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (IGBO)
FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (HAUSA)
FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (YORUBA)
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