Pension

Inspen retirement mata holds today on 102.7 Naija FM

Chuks at the station discussing pension issues

Inspen Media will today Friday launch its pidgin programme on radio, which is aimed at deepening pension awareness.

The programme tagged: Retirement Mata, will be aired on NAIJA FM 102.7 from 5:00 – 5:30 PM. The 30 minutes live programme will focus on how to leverage the pension system to secure fulfilled Retirement lifestyle.

Today’s programme will focus on general overview of the concept of retirement and what the government through the pension regulator, the National Pension Commission (PenCom) has done and is doing to promote good retirement for workers in service and after service.

A top management staff of PenCom, will be featured at the programme to discuss today’s topic and also highlights efforts by PenCom in entrenching better lifestyle for workers and retirees. He will also attend to questions to be raised by the public.

Retirement Mata, will be promoted through interviews with pension and insurance operators, regulators, workers and retirees, stressing that there will also be news updates and response to feedbacks from the public, which will be obtained through social media handles and live calls.

The programme will help address the issue of low awareness on operations of pension and also provide an avenue for the public to interact with regulators and operators, thereby increasing the knowledge base of the public.

This initiative, which is centered on lifestyle, was designed to reach out to people at the echelon and grassroots and provide opportunities for them to express themselves and proffer ways to improve the pension system.

Robust awareness creation remains the best way to deepen the pension sector, especially going by recent moves to integrate the over 50 million workers in the informal sector into the Contributory Pension Scheme (CPS) using the Micro Pension initiative, could only be achieved through coordinated awareness campaign.

The introduction of the Contributory Pension Scheme (CPS) has really transformed Nigerian pension system. With over N6 trillion so far pooled from about seven million workers and efforts by the National Pension Commission (PenCom) and Pension Fund Operators Association of Nigeria (PenOp) to integrate about 90 per cent of the working population in the country that are yet to be enlisted into the scheme, coupled with recent moves to bring in over 50 million workers in the informal sector into the CPS using the Micro Pension initiative, the need for intense and robust awareness creation remains very necessary.

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