01-271 5500-6, 01-4482530-1
44 Toyin Street, Ikeja, Lagos.
Section 4 (3) of The Pension Reform Act, 2014 allows active employees under the Contributory Pension Scheme (CPS) to contribute voluntarily in addition to the mandatory contributions into their respective Retirement Savings Account (RSA) in order to augment their pension at retirement. Similarly, Section 4 (7) allows exempted employees from CPS to participate in voluntarily in the CPS subject to a Guideline issued by the Commission.....
The Pension Reform Act of 2014 was formulated to address challenges economically active individuals encountered, in securing their future upon retirement. No one remains active forever, and it is therefore...
The investment philosophy and processes sets out the policies and procedures pertinent to the investment management function of the First Guarantee Pension Limited as guided by the Pension Reform Act 2014 and is designed to enhance the quality and professionalism of the day-to-day activities performed by the investment department with strict adherence to prudence.
Fund Administration is the set of activities that are carried out in support of the actual process of running a collective investment scheme, whether the scheme is a traditional mutual fund, a hedge fund or Pension fund. In this perspective we are referring to the Pension Fund...
The Pension Reform Act (PRA) 2014 expanded coverage of the CPS to the self-employed and persons working in organizations with less than 3 employees. As this category of workers constitute the larger percentage of the working population in the country, there is no doubt that to achieve the Pension Industry’s strategic objective of covering 30% of the working population in Nigeria under the CPS by the end of 2024, all efforts should be on deck to extend coverage to this important segment of the Nigerian economy. In addition, due to their widely dispersed nature and generally low and irregular incomes, there is need to provide a pension plan that would meet their special characteristics. In this regard, the Micro Pension Plan initiative has been conceived within the context of an industry wide strategy to bring this class of workers on board.
In implementing this initiative, the informal sector has been segmented into three broad categories. The low-income earners, the high-income earners and the SMEs. Each of these categories is going to be targeted with appropriate pension products and sensitization programmes that meet their peculiarities.
At First Guarantee Pension Limited, we are willing and able to accommodate all levels of income earners.
To participate in the Micro Pension scheme, kindly download the below form.
Kindly talk to us:
01-4482530-31, 01-2715500-04, 01-2714175-9
#WhatsApp only: 07042837883
The account is contributed into by the employer and the employee on a monthly basis up to retirement or exit of the employee from the organization. To open a retirement savings account, click the button below to fill a copy of First Guarantee Pension RSA Form.
Mr Wilson Ideva has been appointed as the Managing Director/C.E.O…