who introduced the contributory pension scheme?

TEAM ARMP

Quiz
•
Professional Development
•
1st - 6th Grade
•
Hard

Raphael Abayomi
Used 1+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Olusegun Obasanjo
President Buhari
Sani Abacha
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A monthly maximum administration fees of ______ is charged for MPS remittance of four thousand naira and above
Hundred Naira
Twenty Naira
eighty naira
Fifty Naira
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
MPS Contingency withdrawal is _________
40%
60%
50%
100%
4.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
The following are steps to reset ARM engage mobile application password except:
Client Inputs : RSA pin / email / mobile, then select forgot password
Client Inputs : RSA pin / registered email or mobile then select forgot password
Client receives and inputs default password and create new password
client ensures new password is alpha-numeric, one special character and One capital letter
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
The 60% contingent withdrawal for MPS can be accessed _______
Three months after initial deposit
Each withdrawal can be accessed once in a week
Anytime
Once in two years
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Contributions made after retirement for MPS will be treated as _____
AVC
Retirement benefit
Enbloc
MPS
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Upon Retirement, MPS client can access retirement benefit options such as _____
PW/ Annuity
Enbloc
Pension enhancement
Multifund structure
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____is a method of receiving pension by a retiree through a contract purchased from a life insurance company. It provides a guaranteed periodic income (pension) to a retiree throughout his/her life after retirement
Programmed withdrawal
Anuity
Annuity
Lumpsum
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