PenCom plans to include pension education in primary to tertiary institutions curriculum
Following the move by the National Pension Commission (PenCom) to promote Micro Pension across the country, the Director General, PenCom Mrs Chinelo Anohu-Amazu has disclosed plans by the commission to include pension education in nations primary to tertiary institutions curriculum.
Anohu-Amazu who made the disclosure while delivering a paper at the 17th Annual Lecture of the Catholic Brothers United CBU held today in Lagos equally hinted plans by the commission to launch Micro Pension Scheme, even as she urged employers to comply with the scheme.
She disclosed that PenCom has developed the micro pension scheme which was designed with certain incentives targeted at motivating employees in the important sector of the Nigerian economy to have retirement benefits.
This move, according to her was driven by the fact that most Nigerians work under the informal sector and the need to utilize pension as a retirement safety net.
PenCom DG opined that the youthful population of the country presents a unique advantage to the nation as such early and active contribution by them offers tremendous opportunity for generating long term financing of various economic programmes as well as to provide retirement benefit to such participant.
As part of the micro pension awareness, Anohu-Amazu disclosed plans by the commission to include pension education as part of the curriculum from primary and secondary institutions. She noted that the commission has commenced several literacy programmes, leveraging on an enhanced adoption of social media tools.
According to the DG, the commission was engaging relevant key stakeholders including Nigeria Association of Chambers of Commerce, Industry and Mines and Agriculture (NACCIMA), Small and Medium Enterprises Agency of Nigeria (SMEDAN), States Chambers of Commerce, Trade Unions among others to enlighten them on the members could participate in the scheme.
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