PENCOM To Launch New Pension For Informal Sector Listing Tailors,Mechanics etc also Covered

The National Pension Commission (PENCOM) said on Thursday it would soon launch a new pension scheme for people in the informal sector of the nation’s economy.Head, Corporate Strategy and Research Department of PENCOM, Dr. Farouk Aminu, disclosed this in a chat with the News Agency of Nigeria in Abuja.

Aminu listed bean cake (Akara) sellers, tailors, mechanics, vulcanizers and artists as persons in the informal sector that would be covered in the new pension scheme.He said the objective of the pension scheme is to get the people in the informal sector covered by the pension system.