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Pension is a regular income received by a person at retirement when he or she stops working because of having reached a certain age or based on health condition in order to cater for his or her needs at old age. Micro Pension Plan refers to an arrangement under the Contributory Pension Scheme (CPS) that allows the self-employed and persons working in organizations with less than three (3) employees to make financial contributions towards the provision of pension for their retirement or upon incapacitation. Micro Pension guarantees a secured future through steady income at retirement. It reduces old age poverty and the process is easy, simple and flexible. Under the Micro Pension Plan, all Associations, Unions, Cooperatives and Trades as well as the Professionals are covered and can participate in the scheme.