The National Pension Commission has called on Judges and judicial officers to participate in the newly introduced Personal Pension Plan (PPP) targeted at improving the informal sector in the Contributory Pension Scheme (CPS). Director-General of PenCom, Omolola Oloworaran made the disclosure in Abuja at a workshop for judges of the National Industrial Court (NIC). Represented by the acting commissioner administration at PenCom, Bello Malabu, the DG noted that the Scheme was introduced to complement the CPS. “We have a unique pension product recently rebranded by the Commission, the Personal Pension Plan (PPP). This product complements the mandatory CPS by offering greater flexibility and inclusiveness to participants. The PPP is designed to cater for individuals who may not be covered under the mandatory scheme, including professionals, self-employed persons, individuals in non-traditional employment arrangements and those seeking to make voluntary contributions. “We earnestly encourage your Lordships, and other Honourable Justices and Judges of all Superior Courts in Nigeria who are exempted from the CPS, to consider participating in the PPP as a means of enhancing your retirement security and that of your dependents.

Daily Trust