Circulars

CIRCULAR ON IMPORTANCE OF TRAINING FOR OPERATORS

The Commission has observed that Operators generally do not treat the issue of staff training with paramount importance.

Download

CIRCULAR ON EXECUTION OF TECHNICAL AGREEMENT WITH THIRD PARTIES

The Commission has observed that some Licensed Pension Fund Operators execute Technical Agreements with third parties without obtaining the prior approval of the Commission. This is of concern to the Commission especially as it has been observed that some clauses in these agreements are not in line with global best practice.

Download

CIRCULAR ON THE USE OF OUTSOURCED STAFF BY OPERATORS

Using outsourced staff to perform pension administration, management, and custodial functions by Pension Fund Operators.

Download

CIRCULAR ON PENSION FUND INVESTMENT IN STATE BONDS

Investment of Pension funds in State and Local Government bond instruments.

Download

CIRCULAR ON GUIDELINES FOR REGISTRATION

Management has approved the Guildelines for the registration of Contributor/Member. The final guidelines is hereby exposed for operators to adopt.

Download

CIRCULAR ON REVISED REGULATION ON RSA TRANSFER

Management has approved the revised regulation for transfer of Retirement Savings Account.

Download

Joint Circular on Strengthening Life Annuity

Joint Circular on Strengthening Life Annuity

Download

EXEMPTION UNDER THE CONTRIBUTORY PENSION SCHEME

We write to inform you that the Commission has received several enquiries concerning exemption of employees under the Contributory Pension Scheme in the Public Service of the Federation. Some of these include officers that had three years(3) or less to retire as at the commencement of Pension Reform Act 2004 or those who retire before […]

Download

CIRCULAR FOR CHANGE OF DATE OF BIRTH

CIRCULAR FOR CHANGE OF DATE OF BIRTH

Download

ADDENDUM TO CIRCULAR ON FOR PFAs WITH N100BILLION

ADDENDUM TO CIRCULAR ON REQUIREMENTS FOR PFAs WITH FUNDS UNDER MANAGEMENT OF N100 BILLION & ABOVE AND NEW REQUIREMENTS FOR APPOINTMENTS TO BOARD AND TOP MANAGEMENT POSITIONS OF ALL PFAs

Download

ADDENDUM TO FRAMEWORK FOR RESOLUTION OF FAILING OPERATORS

ADDENDUM TO FRAMEWORK FOR RESOLUTION OF FAILING OPERATORS IN THE NIGERIAN PENSION INDUSTRY

Download

Circular on Use of RSA Balances to Repay Outstanding Financial Obligations

It has come to the Commission’s attention that some State Governments, as employers, have been requesting for deductions to be made from the Retirement Savings Account (RSA) balances of their employees upon their retirement to settle outstanding financial obligations owed to the Government or their employers.

Read More
Maybeach Technology