Course Overview

This comprehensive course is designed to provide participants with the knowledge and skills needed to excel in the critical areas of payroll management and compliance with the Pension Act 2004. Participants will gain a deep understanding of payroll processes, legal obligations, and best practices for effective payroll administration. Additionally, they will explore the intricacies of the Pension Act 2004 and its practical application to ensure compliance and smooth pension administration.

Module 1: Fundamentals of Payroll Management

• Understanding the core components of payroll management
• Payroll processing, calculations, and deductions
• Ensuring accuracy and timeliness in payroll administration

Module 2: Legal Framework of Payroll Management

• Overview of labor laws and regulations related to payroll
• Employment contracts, wage laws, and taxation considerations
• Navigating legal obligations and compliance in payroll management

Module 3: Payroll Software and Automation

• Leveraging technology for efficient payroll administration
• Exploring payroll software and automation tools
• Streamlining processes and reducing errors through digital solutions

Module 4: Pension Act 2004: Key Concepts and Implications

• In-depth exploration of the Pension Act 2004 and its provisions
• Understanding the roles of employers, employees, and pension administrators
• Legal responsibilities and obligations under the Pension Act

Module 5: Pension Fund Administration and Reporting

• Practical application of the Pension Act in pension fund administration
• Regulatory reporting and disclosure requirements
• Ensuring transparency and accountability in pension operations

Module 6: Compliance and Auditing under the Pension Act

• Ensuring compliance with the Pension Act and related regulations
• Strategies for successful pension audits and regulatory assessments
• Proactive measures to avoid penalties and legal issues

Module 7: Communication and Employee Education

• Effective communication of pension-related information to employees
• Educating employees about their rights and options under the Pension Act
• Building trust and engagement through clear and transparent communication

Course Benefits:

• Gain a comprehensive understanding of payroll management fundamentals.
• Navigate legal obligations and compliance considerations in payroll.
• Learn to leverage technology for efficient payroll administration.
• Understand the intricacies of the Pension Act 2004 and its provisions.
• Apply the Pension Act in practical pension fund administration.
• Develop strategies for compliance, auditing, and risk mitigation.
• Enhance communication to educate employees about pension rights and options.

This course empowers participants to excel in payroll management and compliance with the Pension Act 2004. By mastering payroll processes, legal obligations, and the practical application of the Pension Act, participants will be well-equipped to administer payroll effectively, ensure compliance with pension regulations, and contribute to the financial security and well-being of employees and pension beneficiaries.

Course Fee

₦265,000

Date & Location

• Date: 1st Jul - 3rd Jul, 2025
• Location: Lagos
• Virtual Learning: Available

• Date: 7th Oct - 9th Oct, 2025
• Location: Lagos
• Virtual Learning: Available