To port from one Pension Fund Administrator (PFA) to another under the Contributory Pension Scheme (CPS) in Nigeria, you can follow the steps below: 1. Choose a new PFA: Research and select a PFA that suits your retirement goals, investment objectives, customer service, and track record. It is important...
CPS
The CPS in Nigeria
The Contributory Pension Scheme (CPS) in Nigeria was established in 2004 by the Pension Reform Act. It is a retirement savings plan designed to provide financial security for employees in the public and private sectors after their active working years. This scheme replaced the previous pay-as-you-go pension system, which...