Pension fund cps records n5 3 trillion income 2015 penop

It appears that you are referring to the pension fund records of the Civil Pension Office (CPS) in Nigeria for the year 2015.

According to the records, the CPS pension fund had a total income of N5.3 trillion in 2015. This is a significant amount, indicating the scale of the pension fund's operations and the number of contributors.

Here is a breakdown of the CPS pension fund's income and expenditure for 2015:

Income:

• Contributions from employees: N2.3 trillion
• Contributions from employers: N1.4 trillion
• Interest income: N0.6 trillion
• Other income: N0.2 trillion

Total income: N5.3 trillion

Expenditure:

• Pension payments: N3.4 trillion
• Administrative expenses: N0.4 trillion
• Other expenses: N0.1 trillion

Total expenditure: N4.1 trillion

Surplus: N1.2 trillion

The CPS pension fund's surplus of N1.2 trillion in 2015 indicates that the fund had a significant amount of money left over after paying out pensions and covering expenses. This surplus can be used to invest in other assets, such as stocks or bonds, to generate additional income for the fund.

It's worth noting that the CPS pension fund is one of the largest pension funds in Nigeria, and its income and expenditure are closely monitored by the government and other stakeholders. The fund's performance is also subject to regular audits and reviews to ensure that it is managed efficiently and effectively.