Premium Pension pays N174 billion to retirees since inception

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Premium Pension Limited, one of Nigeria`s leading pension administrators, has paid the sum of N174 billion to retirees under it pension management since the company was established about fourteen (14) years ago.

In the same vein, the company has also disclosed that it is paying an average of N68 million monthly as pension benefits to 17,000 clients that subscribed to the various retirement products it is offering in Nigerian Pension Market.

Umar Sanda Mairami, chief executive officer of the company, made this disclosure, during a corporate event organized by the company to celebrate excellence and reward some of its outstanding clients held in the commercial city of Kano.

Umar said comparatively, the company has continue to record impressive performance within the Nigerian pension Market, polling the highest returns in value in all the categories of pension products it is offering in the market.

“We are glad to be here today in the commercial city of Kano celebrating excellence and rewarding our clients, who we in premium Pension usually refer to as our members, because of the high value that we attached to them.

“We refer to them as members because it is through their patronage and support that we have been able to grow our Asset Under-Management (AUM) to over #630 billion mark, and we are still doing everything in place to increase it.

“We have been able to record this height as a result of the individual as well as the group contributions of all the staff, management, and members of board overseeing the operations of the company, over the years.

“It is through the commitment and contributions displayed by the Premium Pension team that the company was able to attain the status of being the first PFA win the ISO/IEC 27001, … Read More...