Nigeria Pension Contribution Calculator
Enter your monthly pensionable pay (Basic + Housing + Transport) to estimate your pension contribution.
Reflects 18% minimum combined rates (effective 2014-07-01).
Last checked 2026-09-11 · v1. Tax rules change — verify against an official source before relying on this for a filing.
Source.
Nigeria Pension Contribution Calculator
Estimate your Nigeria Contributory Pension Scheme contribution.
This is an estimate for general informational purposes only. Some employers voluntarily cover a larger share (up to the full 18%) — check your specific employment terms. Pensionable pay is Basic + Housing + Transport allowances only, not your full gross salary.
Under the Pension Reform Act 2014, employees and employers contribute a minimum combined 18% of pensionable pay — defined as Basic salary plus Housing and Transport allowances (BHT) — split as 8% from the employee and 10% from the employer.
Example
- With the default values shown above, this calculator returns: Employee Contribution (8%) ≈ NGN 24,000.00; Employer Contribution (10%) ≈ NGN 30,000.00; Total Monthly Pension Contribution ≈ NGN 54,000.00.
Frequently Asked Questions
What counts as pensionable pay?
Basic salary plus Housing and Transport allowances (often called BHT) — not your full gross salary, which may include other allowances excluded from this calculation.
Can my employer contribute more?
Yes — an employer may elect to contribute more than the statutory 10% share, including covering the employee’s 8% share entirely, though this isn’t required by law.