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Progress Occupational Master Trust Scheme

This is a licenced scheme by the National Pensions Regulatory Authority and has been designed purposely to manage the mandatory 5% contributions of employees of the formal sector. The objective of the scheme is to provide lump sum benefits on retirement to employees of participating employees and beneficiaries of deceased employees.

  • Payment of benefits upon retirement or permanent disability

  • Payment of Handsome Lump sum upon retirement

  • Payment of benefits to survivors upon death

  • Retirement benefits based on accrued contributions