PenCom Reports Increase In Contributions By Under-40 Workers

By the end of the first quarter of 2022, the percentage of under-40-year-old workers covered by the Contributory Pension Scheme (CPS) had increased from 73 per cent at the end of 2021 to 86.4 per cent. The National Pension Commission (PenCom) provided this information in its quarterly report for Q1, 2022, titled "Age and Gender

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