Guidelines for Transitional Contribution Fund
The Guidelines for Transitional Contributions Fund is divided into seven (7) sections. Section one gives a brief background of the issues which necessitated the introduction of a Transitional Contributions Fund (TCF). Section two addresses Establishing the Transitional Contributions Fund.
Remittance of contributions and management of the Transitional Contributions Fund were discussed in Sections three and four respectively while Notifications, Fees and Exist from the TCF were discussed in Section five, six and seven.
The requirements of these Guidelines are consistent with the provisions of the Pension Reform Act, 2004.