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Guidelines & Regulations

Guidelines & Regulations

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 […]

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CIRCULAR FOR CHANGE OF DATE OF BIRTH

CIRCULAR FOR CHANGE OF DATE OF BIRTH

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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

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ADDENDUM TO FRAMEWORK FOR RESOLUTION OF FAILING OPERATORS

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

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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 […]

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WHISTLE BLOWING GUIDELINES FOR PENSIONS

Transparency is one of the core values of the Commission which has been encouraged amongst the operators. As a regulatory philosophy, the Commission has adopted a stakeholder approach in its […]

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GUIDELINES FOR TRANSITIONAL ARRANGEMENTS

The purpose of the guidelines is to provide general guidance on transitional matters for both the public and private sectors relating to the implementation of the Pension Reform Act 2004.

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GUIDELINES FOR THE TRANSFER OF NSITF CONTRIBUTIONS INTO EMPLOYEES RETIREMENT SAVINGS ACCOUNT

The Pension Reform Act, 2004 (the Act) provided that contributions into the NSITF scheme (the Scheme) together with accrued income shall be transferred into members. Retirement Savings Accounts (RSAs) after […]

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GUIDELINES ON DIRECT REAL ESTATE INVESTMENTS BY CLOSED PENSION FUND ADMINISTRATORS AND APPROVED EXISTING SCHEMES

These Guidelines seek to standardize procedures to be adopted by Closed Pension Fund Administrators (CPFAs) and Pension Fund Administrators (for Approved Existing Schemes) that operate Defined Benefit Schemes and have […]

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GUIDELINES FOR TRANSITIONAL CONTRIBUTIONS FUND

Many employers in their effort to comply with the Pension Reform Act 2004 (Act) have demonstrated strong commitment by remitting regularly the pension contributions of employees who have opened RSAs […]

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GUIDELINES FOR THE TRANSFER OF NSITF CONTRIBUTIONS INTO EMPLOYEES RETIREMENT SAVINGS ACCOUNT

The Pension Reform Act, 2004 (the Act) provided that contributions into the NSITF scheme (the Scheme) together with accrued income shall be transferred into members. Retirement Savings Accounts (RSAs) after […]

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GUIDELINES FOR THE OPERATIONS OF PENSION TRANSITIONAL ARRANGEMENT DEPARTMENTS

Section 30 of the Pension Reform Act, 2004 established for the Public Service of the Federation and the Federal Capital Territory, Pension Departments to be known as the Pension Transitional […]

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