Micro Pension Fund 5 Return on Investment (ROI) for August 2020 for all Pension Fund Administrators (PFAs) in Nigeria (Month on Month).
Only seven (7) Pension Fund Administrators (PFAs) have disclosed the Fund prices for their Micro Pension Fund as at 31st July and as at 31 August 2020. Investment One Pension Managers Limited also disclosed its Micro Pension Fund price as at 31 August 2020. There are indications that twenty (20) PFAs currently have registered Micro Pension Contributors so we hope that all PFAs will disclose their Micro Pension Fund Prices soonest.
The seven (7) PFAs are
AIICO Pension Managers Limited
Pensions Alliance Limited
AXA Mansard Pension Limited
NLPC Pension Fund Administrators Limited
FCMB Pensions Limited
Premium Pension Limited
ARM Pension Managers Limited
Please see below the performance of Micro Pension Fund 5 for the seven (7) Pension Fund Administrators (PFAs) for August 2020.
Micro Pension Plan (MPP) is a pension plan under the Contributory Pension Scheme (CPS) that allows people who are not mandatorily covered by the Pension Reform Act 2014 make financial contributions towards the provision of pension at their retirement or incapacitation. Micro Pension is voluntary and was introduced in March 2019.
PensionNigeria monitors the performance of Fund I, II, III, IV & V, for all PFAs in Nigeria Check them out here
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