A continuous process of effective risk management is critical to the safety and soundness of the operations of Pension Fund Administrators and Custodians. Furthermore, Section 66 of the PRA 2004 requires every Pension Fund Administrator to establish Risk Management Committee for the purpose of determining the risk profile of the investment under management with a […]
DownloadOne of the functions of the Pension Fund Administrators (PFAs) according to the PRA 2004, section 45(a) is to open Retirement Savings Accounts for all employees and obtain Personal Identification Numbers (PINs) for the employees from the National Pension Commission (PenCom). In order to do this, the employers whether from the Federal/State or the private […]
DownloadThese Guidelines are issued to form a basis for the appointment of PFAs by companies with approved existing schemes and to limit the assets of approved existing schemes that can be held in custody by PFCs.
DownloadThese Guidelines are issued to regulate the publication of rates of return on RSA Funds by PFAs. The Guidelines summarize the standards and requirements, and succinctly present good corporate governance practices, relative to publishing annual rates of return by the PFAs.
DownloadThe purpose of this document is to provide the basic procedures that shall to be adhered to for services provided by Pension Fund Custodians (PFCs) in terms of the Pension Reform Act 2004 (Act).
DownloadThe purpose of these guidelines is to provide the basic procedures for the operations of Pension Fund Administrators (PFAs) pursuant to the Pension Reform Act 2004 (the Act).
DownloadThe Commission’s Regulation on the Investment of Pension Fund Assets allows only States that have fully implemented the Contributory Pension Scheme (CPS) to access pension funds for the purpose of infrastructural development.
DownloadSections 30 and 31 of the Pension Reform Act 2004 (PRA 2004) provides for the establishment of the Pension Transitional Arrangement Department (PTAD) and the FCT Pension Transitional Arrangement Department. These departments were given the responsibility of overseeing the management of pension under the defined benefit scheme for pensioners not transiting to the Contributory Pension […]
DownloadRETURNS ON REMITTANCES RECEIVED FROM THE OAGF
DownloadSCHEDULE OF EXPECTED MONTHLY CONTRIBUTIONS
DownloadSCHEDULE OF REMITTANCE TO LEAD PFAs BY THE OAGF
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