Workers under 30yrs dominate pension scheme

•12% of 92m workers in the scheme
By Roseamry Iwunze
More young workers under the age of 30 years signed into the Contributory Pension Scheme, CPS, in the fourth quarter of 2025, Q4’25, as 44,837 contributors representing 39.03 per cent joined the scheme.
This is as total Retirement Savings Accounts, RSAs, rose to 11,042,903 in Q4’25 from 10,928,039 recorded in Q3’25.
According to the fourth quarter report released by the National Pension Commission, PenCom, active membership now corresponds to approximately 12 per cent of Nigeria’s estimated 92 million labour force, leaving substantial headroom for growth, particularly in the informal sector.
A breakdown of the figures show tha...