Retirement Saving Account (RSA) Reconciliation and Administration

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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.

Register Call for Paper

Course Fee

₦165,000

Date & Location

  • Date: 8th Oct - 10th Oct, 2024
  • Location: Yaba, Lagos, Nigeria
  • Virtual Learning: Available

Registration

Retirement Saving Account (RSA) Reconciliation and Administration
Register Call for Paper

Course Fee

₦165,000

Date & Location

  • Date: 8th Oct - 10th Oct, 2024
  • Location: Yaba, Lagos, Nigeria

  • Virtual Learning:     Available

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Participant Feedback

Testimonials

"Yes, definitely, I will recommend the conference to my staff and other colleagues"

Ekemode Mahmoud Olabamiji

Prin Asst. Registrar Pension
Michael Otedola College of Primary Education, Moforija-Epe

"The conference has open up my understanding about the New Pension Scheme"

Ogun, Risikat Nudewhenu

Principal Admin Officer
Administrative Staff College of Nigeria (ASCON)

"Well, I do appreciate the organizers of these laudable programme"

Ododo Jackson Esinkuma

Principal Auditor
Isaac Jasper Boro College of Education

"I have learnt a lot and i m going to put it in practice when i get back to our parastatals. I appreciate all in this conference, I enjoyed all the lectures. I am very grateful to all the lecturers. "

Mrs Nwanemough Jane

Senior Executive Officer
Federal Medical Centre, Owerri

"Yes of course, the course is very interesting therefore, I will particularly encourage other staff to attend it."

Taoheed Akintunde Akinwande

Senior Accountant
Ibrahim Badamosi Babangida University, Lapai

"The strength of the conference is motivating and educative. The organizers and facilitators did a very excellent job, kudos to them."

Onoja Friday

Admin Officer
Benin-Owena River Basin Development Authority

"Perhaps next times – ensure that the likes of PTAD others are invited, participate and presents a paper as well. Great Job overall "

Eneh Uche J.

Head, Welfare
Federal Judicial Service Commission

"Other stakeholders like PTAD and insurance companies holding annuity should be in cooperated"

Adeyemi Sadiat Adelayo

Deputy Registrar
Federal College of Education, (Special), Oyo

"I have learnt more on program withdrawal and annuity, death benefits, rights and priviledges of RSA holders. I have now become an expert in Pension matters as the PDO. I am grounded and can now discharge my duties as the PDO."

Njepuome Basilia Ijeoma

Fmc Owerri, Imo State
Pension Desk Officer

"I have benefited a lot because I have learnt how to prepare for retirement"

Elela Omolola Olamide

National Industrial Court of Nigeria
Pension Desk Officer Pension