The Cross Border Pension refers to an arrangement which allows Nigerians living in other countries and expatriate employees in companies registered in Nigeria to participate in the Contributory Pension Scheme (CPS).
This arrangement establishes a standard set of rules and procedures for Nigerians resident abroad and foreign nationals to participate in the new contributory pension scheme.
The requirements of these procedure are consistent with the provisions of the Pension Reform Act, 2014 and are also considered enforceable within the industry.