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Retirement Saving Account (RSA) Reconciliation and Administration

By: Centre for Public Service Productivity and Development

Lagos State, Nigeria

26 - 28 Mar, 2019  3 days

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NGN 135,000

A Retirement Savings Account (RSA) is a Defined Contribution Plan required under the Pensions Reform Act 2014. It can be opened by every employee in an organization with 3 staff or more. This training works you through the entire process of a retirement saving account, with no stones unturned.

Features/Outlines

  • Mandatory: Every employer employing more than 5 employees is mandated by law to open RSA for all employees with a PFA.
  • Contributory: Means both the employer and employee will make monthly contributions into the RSA.
  • Fully funded: The monthly contributions guarantee that the RSA remain fully funded to meet the liquidity needs at retirement.
  • Access to funds begins at 50 years or subject to terms and conditions of service. The contributor has a choice of either a Programmed Withdrawal or Annuity option to receive his/her pension.
  • Strictly supervised and regulated by a regulator that has the power of granting licenses and enforcing compliance with PRA 2014.
  • Quarterly Statement of Account.

Who Will It Benefit?

All Employees, Professionals, Employers of labor, Administrators, Directors, and Ceo’s.

Lagos Mar 26 - 28 Mar, 2019
NGN 135,000.00
(Convert Currency)

Dr Chris Egbu +2348023194131

Organisation sponsoring more than 2 staff will get 10% discount.
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