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Guidelines & Regulations

Guidelines & Regulations

GUIDELINES FOR THE ADMINISTRATION OF STATE FUNDS DEDUCTED AT SOURCE UNDER THE CONTRIBUTORY PENSION SCHEME

The 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 […]

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GUIDELINES FOR OPERATION AND SUPERVISION OF PTAD

Sections 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. […]

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GUIDELINES FOR THE TRANSFER OF NSITF CONTRIBUTIONS INTO EMPLOYEES RSA

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 ADMINISTRATION OF GRATUITY BENEFITS

Retirement benefits are any entitlements/rights/privileges that accrue to a worker/employee upon leaving the services of an employer for reason of having worked or provided service to the employer. Such benefits […]

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Standard Format for Stakeholders Comments on Regulations

The requirements of this Regulation are consistent with the provisions of the Pension Reform Act, 2004. The purpose of the Regulation is to provide uniform rules and standards for the […]

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REGULATIONS ON FEE SHARING BETWEEN PENSION OPERATORS AND STATE PENSION BUREAUX

Consequent upon the persistent requests by some State and Local Government (LG) Pension Bureaux/Boards that they be allowed to share in the administration fee being charged on the administration of […]

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APPENDIX 1 – RSA OPENING FORM

RETIREMENT SAVINGS ACCOUNT OPENING FORM

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