Retirement Saving Account (RSA) Reconciliation and Administration

Course Category: Pension Administration and Retirement

Course Overview

A Retirement Savings Account (RSA) is a Defined Contribution Plan required under the Pensions Reform Act 2014. It can be opened by every employee in an organization with 3 staff or more. This training works you through the entire process of a retirement saving account, with no stones unturned.

Features/Outlines

  • Mandatory: Every employer employing more than 5 employees is mandated by law to open RSA for all employees with a PFA.
  • Contributory: Means both the employer and employee will make monthly contributions into the RSA.
  • Fully funded: The monthly contributions guarantee that the RSA remain fully funded to meet the liquidity needs at retirement.
  • Access to funds begins at 50 years or subject to terms and conditions of service. The contributor has a choice of either a Programmed Withdrawal or Annuity option to receive his/her pension.
  • Strictly supervised and regulated by a regulator that has the power of granting licenses and enforcing compliance with PRA 2014.
  • Quarterly Statement of Account.

Who Will It Benefit?

All Employees, Professionals, Employers of labor, Administrators, Directors, and CEO’s.


Course Fee

₦165,000

Date & Location

  • Date: 28th Jan - 30th Jan, 2025
  • Location: Lagos
  • Virtual Learning: Available

  • Date: 15th Apr - 17th Apr, 2025
  • Location: Lagos
  • Virtual Learning: Available

  • Date: 22nd Jul - 24th Jul, 2025
  • Location: Lagos
  • Virtual Learning: Available

  • Date: 21st Oct - 23rd Oct, 2025
  • Location: Lagos
  • Virtual Learning: Available

Registration

Retirement Saving Account (RSA) Reconciliation and Administration

Course Fee

₦165,000

Date & Location

  • Date: 28th Jan - 30th Jan, 2025
  • Location: Lagos

  • Virtual Learning:
    Available

  • Date: 15th Apr - 17th Apr, 2025
  • Location: Lagos

  • Virtual Learning:
    Available

  • Date: 22nd Jul - 24th Jul, 2025
  • Location: Lagos

  • Virtual Learning:
    Available

  • Date: 21st Oct - 23rd Oct, 2025
  • Location: Lagos

  • Virtual Learning:
    Available

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