Aiico Pension Managers Ltd Aiico Pension Managers Ltd Aiico Pension Managers Ltd Aiico Pension Managers Ltd Aiico Pension Managers Ltd Aiico Pension Managers Ltd
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Our Vision
To be the First Choice PFA.
 
Our Mission
We aim to combine superior Investment performance with first class customer service to prepare you for a retirement in comfort.
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RSA Registration Form
RSA Registration Form
 

Head Office
174B Ozumba Mbadiwe Rd,
Victoria Island.
P.O Box 56276 Falomo,
Ikoyi Lagos, Nigeria.

 

 
QUESTIONS AND ANSWERS


1. What is the new Pension Scheme in Nigeria?

2. Will the new Scheme affect every worker?

3. What are the objectives of the new Pension scheme in Nigeria?

4. How much will the employer and the employee need to contribute under the new Pension Scheme and what happens to the contributions?

5. What are the functions of a Pension Fund Administrator and a Pension Fund Custodian and what is the main difference?

6. Who is the regulator and what is its role?

7. Are pension contributions paid to the PFA?

8. How do I know the status of my contributions?

9. Can I change my PFA?

10. What happens to my Retirement Savings Account when I change jobs?

11. Can I make extra or voluntary Contributions to my Retirement Savings Account under the Scheme?

12. When and how will I have access to the funds in my Retirement Savings Account?

13. Can I withdraw any portion of it before age 50?

14. What happens to the amount in an employee’s Retirement Savings Account in the event of the employee’s Death?

15. Who decides how my PFA invests my funds?

16. Are my contributions and retirement benefits taxed?

17. Can the funds in an RSA be used as Security for Borrowing?

18. What Effect would inflation have on my Contributions?

19. What about my contributions to NSITF?

20. What happens to the retirement benefits under the pension scheme existing before the commencement of the Pension Act 2004?

21. How will the Federal Government fund its Redemption Bond?

22. Who would be responsible for managing the affairs of current pensioners and those not affected by the new Pension Act?

23. How does the scheme ensure that my funds are not mismanaged or squandered ?

24. What if my employer does not impose its preferred PFA on me but refuses to pay to my PFA?

25. What if my employer places conditions on the making of contributions, (e.g. minimum duration of service)?

26. What Happens in the event of liquidation by the PFA or the PFC?

27. Am I charged by my PFA of choice?

 

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