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Pension Industry Funds Rise To N7.58tr By The End Of 2021

Staff Reporter by Staff Reporter
April 4, 2022
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Current pension contributions peaked at N7.58tr as the end of Q4 2021 increasing from N7.37tr as at the end of Q3 2021.

National Pension Commission stats for Q4 2021 indicated that the fourth quarter figures showed the cumulative pension contributions from inception.

The PenCom Fourth Quarter 2021 Report stated that the total pension contributions remitted to individual retirement savings accounts RSAs in Q4 stood at N208bn.

The report explained that out of the total RSA individual contributions, “the public sector accounted for N107bn or 51.82% while the private sector contributed N101.71bn or 48.12%.

this represented the total

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