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Micro Pension Plan

Your Hard Work Deserves a Secure Retirement.

Introducing the Micro Pension Plan (MPP) from Parthian Pensions – the flexible and easy way for self-employed individuals and informal sector workers to save for a comfortable tomorrow.

What is the Micro Pension Plan (MPP)?

The Micro Pension Plan is a special pension plan designed just for YOU – the hardworking self-employed individuals and people working in the informal sector across Nigeria! It’s an initiative backed by the National Pension Commission (PenCom) to ensure everyone has a chance to save and enjoy financial security in their retirement years.

At Parthian Pensions, we're making it simple and straightforward for you to join and start building your future.

Who Can Benefit from the Micro Pension Plan?

This plan is perfect for self-employed or workers in the informal sector like:

Farmer

Small busness owner

Artisans

Freelancers/Consultants

Domestic worker

Entrepreneurs

Benefits of Joining Our Micro Pension Plan:

Plan for Your Future, Simply:

Secure your retirement with a trusted partner.

 

Save at Your Own Pace:

Contribute what you can, when you can. No fixed amounts or pressure.

Withdraw at Your Own Pace

Withdraw a portion of your savings for emergencies or urgent needs (contingent withdrawal).

 

Watch Your Money Grow:

Your contributions are professionally invested in the secure Fund V (Micro Pension Fund), designed for capital safety and steady growth.

Safe & Secure

Your savings are protected under PenCom regulations. Parthian Pensions is a licensed and reliable PFA.

Easy to Join & Manage

We live by simplicity. Our process is clear, and we’re here to support you.

Understanding Your Micro Pension Journey:

  • Are You Eligible?
  • Yes, if you are a Nigerian citizen.
  • Aged 18 years or above.
  • Self-employed or working in an organization with less than 3 employees.
  • Joining is Easy with Parthian Pensions:
  • Option 1 (Online): Click “Join Micro Pension Now” below and fill our simple form.
  • Option 2 (Visit Us): Walk into any Parthian Pensions branch or meet with one of our approved agents.
  • What You’ll Need: Your National Identification Number (NIN) and some basic personal details. We’ll guide you!
  • Making Your Contributions:
  • Flexible: You decide how much to save and how often (daily, weekly, monthly, or as your income allows).
  • Convenient: Easily make contributions through various channels like bank deposit, mobile transfer, USSD, or on our app.
  • How Your Savings are Managed:
  • Your contributions go into your personal Retirement Savings Account (RSA) and are invested in the Fund V (Micro Pension Fund). This fund is managed conservatively to protect your savings while aiming for reasonable returns.
  • How Your Savings are Managed:

The Micro Pension Plan is designed to help you save for retirement but also offers flexibility:

  • For Immediate Needs (Contingent Withdrawal): After saving for at least 3 months, you can withdraw up to 40% of your total contributions if you need funds urgently. The remaining 60% stays invested for your retirement.
  • For Retirement: The remaining 60% of your savings (plus all investment returns on the entire amount) is for when you retire. You can typically access this from age 50 or on medical grounds, as per PenCom guidelines.

Ready to Start Building Your Secure Future?

What you'll generally need to get started:

Your National Identification Number (NIN)

Others (Name, Date of Birth, Phone Number, etc.)

Frequently Asked Questions (FAQs)

That's okay! The Micro Pension Plan is designed for flexible contributions. Save what you can, when you can.

There's generally no mandatory minimum contribution per transaction, making it accessible for everyone. Focus on consistency.

Very safe. The plan is regulated by PenCom, and your funds are held by a licensed Pension Fund Custodian and managed by Parthian Pensions, a licensed PFA.

Great! You can easily convert your Micro Pension RSA to a standard RSA under the Contributory Pension Scheme.

Your named beneficiary will receive the total balance in your RSA.

Need Help or Have Questions?

• Call our Transfer Helpline: +234 2017 004 000
• Email us: info@parthianpensions.com
• Visit any of our Branch Locations

Connect with us

Explore More of our Products and Services

Retirement Savings Account (RSA)
Voluntary Contributions
Multi-Fund Structure Explained
Cross Border Arrangements
Micro Pension Plan
Retiree Fund
Ethical/Non-Interest Fund
NSITF Funds Transfer
Defined Benefit Scheme

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1st Floor, NIJ House, 20 Adeyemo Alakija Str, V/Island, Lagos

+(234) 703 724 2322

info@parthianpensions.com

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Copyright 2025 Parthian Pensions Limited. All rights reserved

Copyright 2025 Parthian Pensions Limited.
All rights reserved

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