Micro-Pension Subscribers To Enjoy Health Insurance, Term of Assurance, Other Incentives From 2022
By Ngozi Onyeakusi– Micro-Pension Subscribers will from 2022 start enjoying robust incentives for signing to Micro-Pension plan.
These incentives which among others benefits include heath insurance, term of life and insurance to cater for loss of jobs for contributors were designed to attract more people into the sheme.
Speaking at Pension Fund Operators Association on Nigeria (PenOp) Annual Media Parley with the National Association of Insurance and Pension Correspondents (NAIPCO) in Lagos, the Managing Director/CEO Access Pension Fund Custodian, Mrs Idu Okwuosa confirmed that the industry was working with insurance operators to come up with incentives to be enjoyed by Micro-Pension subscribers among other benefits associated with the scheme.
She said, “PenOp and the National Pension Commission (PenCom) desire a better lifestyle for micro pension contributors and are working to see that aside the benefits of retirement and contingency savings, contributors maximise other robust incentives.
Okwuosa, who is also the Head, Media Committee of PenOp, said some pension operators have visited market such as the Alaba International market to enlighten them on the need to save and plan for retirement through the MPP.
She assured they have commence discussion and hopefully next year when the incentives are concluded they will be registered fully.
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