Liberty Informal Micro Pension Plan
Liberty Informal Micro Pension Plan
Our Micro Pension Plan refers to an arrangement under the Contributory Pension Scheme (CPS) that allows the self-employed and individuals working in organizations with fewer than three (3) employees to make financial contributions towards their retirement or incapacitation. The Micro Pension Plan (MPP) serves as a beacon of financial stability for the informal sector at retirement, providing a reliable income stream during retirement and effectively combating old-age poverty.
Liberty Hub International Limited's MPP distinguishes itself through its straightforward, accessible, and flexible process. A key appeal of the MPP is the flexibility it offers contributors regarding contributions and accessing a portion of their savings before retirement. This flexibility, as designed by the National Pension Commission (PenCom), aims to alleviate the constraints of the mandatory Contributory Pension Scheme (CPS) and encourage broader participation in the MPP.
Our MPP's design takes into account the diverse income patterns within the informal sector, hence the flexibility in allowing members of the Liberty Matrix to make monthly contributions from their earnings on the Matrix at a particular level, giving them an advantage. Consequently, at Liberty Hub International Limited, we assist self-employed individuals and employees in the informal sector to effectively plan towards retirement.

