The Pension Reform Act allows employers with qualified existing schemes to carry on with the administration. However, the guideline on payment of benefits provides that the retirement benefits paid under any approved existing scheme shall continue to be paid under the terms and condition by the trust deed.
To this end, Radix Pension Managers is here to manage your existing schemes in line with your organization’s set out objectives.
The main objective of the Data Recapture Exercise is to obtain complete and accurate data of all RSA holders (both active and retired) in line with the provisions of Section 23(e) of the PRA 2014. • The Exercise will further enable PFAs to obtain the National Identity Numbers (NIN) of their RSA holders to ensure compliance with NlMC’s minimum biodata requirements and the use of NIN as a unique identifier for all Nigerians. • It would provide a platform for the collation of relevant information on employees of Federal and State Government Treasury Funded MDAs who transited from the erstwhile DB Scheme to the CPS. The information would facilitate the expeditious computation of their accrued rights and eliminate the need for yearly enrolment of those due for retirement.