Review of Some Matters Relating to The Administration of Retirement and Terminal Benefits Under the Contributory Pension Scheme

• June 28, 2024

Circular on Emerging Matters in The Payment of Voluntary Contribution Under the Contributory Pension Scheme

• June 28, 2024

REVISED CIRCULAR ON ENROLMENT OF FEDERAL GOVERNMENT EMPLOYEES

• December 7, 2023

REVISED CIRCULAR ON REQUEST FOR DETAILS OF AUTHORISED OFFICERS TO ENDORSE LETTER OF INTRODUCTION FOR RETIRING EMPLOYEES

• December 7, 2023

CIRCULAR ON REQUIREMENTS ON PERFORMANCE MANAGEMENT AND PROVISIONING FOR EXPECTED CREDIT LOSSES (ECL)

• December 7, 2023

CIRCULAR ON THE OPERATIONS OF BRANCH OFFICES AND SERVICE CENTRES BY LICENCED PENSION FUND ADMINISTRATORS

• August 29, 2023

CIRCULAR ON FEE STRUCTURE FOR NON-INTEREST FUND (FUND VI)

• October 25, 2021

CIRCULAR ON FEE STRUCTURE FOR THE MICRO PENSION FUND

• June 2, 2021

CIRCULAR ON REVISED MINIMUM SHARE CAPITAL REQUIREMENT FOR LICENSED PFAs

• April 30, 2021

CIRCULAR ON RECLASSIFICATION AND VALUATION OF PENSION FUND ASSETS UNDER INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS 9)

• February 10, 2021

As a follow up to the Commission’s letter of 5 November, 2020 on the above subject matter, we write to clarify and direct as follows:

Circular on Fund Accounting

• November 12, 2020

This Fund Accounting Circular is for reporting the Accounting Entries for the transfer of RSA from one PFA to another and the purchase of RLA by Retirees with their RSA balances. The provisions of this Circular are consistent with the PRA, 2014.

Circular on Reprogramming RSA Balance

• August 14, 2020

Procedure for reprogramming RSA balances of Retirees already on programmed withdrawal exercising their rights to transfer to Retiree Life Annuity…

Revised Circular on Management of the Statutory Reserve Fund

• March 23, 2020

Further to the Commission’s Circular Referenced PENCOM.INSP/CIR/SURV/15/15 of 22 October, 2015 on management of the Statutory Reserved Fund,  the Commission has observed the need to revise the Investment Limits in Section VI of the Circular.

DIRECTIVE TO LICENSED PENSION FUND OPERATORS ON SHARING AND TREATMENT OF BROKERAGE COMMISSION ON ALL BOND TRANSACTIONS

• October 30, 2019

The Securities and Exchange Commission (SEC) has through a Circular dated 27 July 2019 directed that only Capital Market Operators duly registered by SEC are eligible to be paid brokerage fee/receiving agents’ commission and such Operators shall not pay or offer a percentage of the commission earned from services provided in transaction as an incentive […]