This Scheme is contributory (employer and employee), fully funded, privately managed, third party custody of the funds and assets, it is based on individual accounts (Retirement Savings Accounts).

It ensures that everyone who has worked for the Public or Private Sector receives his or her pension benefits as and when due.

You are eligible to enroll under the Contributory Pension Scheme if you work for the Federal Government, Federal Capital Territory and Private organization employing at least 3 people and State that has joined the Scheme.

• Sound corporate governance

• Credible, experienced, diversified and balanced board of directors

• Strong, professional and dedicated Management Team and staff

• Strong investment skills, providing consistent superior returns.

• Excellent customer experience

• World class IT infrastructure and communication platforms

• Easily accessible

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This is a pension account maintained with a Pension Fund Administrator (PFA) into which monthly contributions of employer and employee are paid. The RSA is defined by a unique Personal Identification Number (PIN) issued by the National Pension Commission (PenCom).

An employee can move from one employer to another and from one PFA to another (when the transfer window opens) with the same PIN.

A minimum of 18% of monthly Basic Salary, Housing and Transport allowances, with the Employer contributing at least 10%.