Fees

Fee Management

The management fee applicable to the pension operators and regulator (PFA, PFC and PENCOM) for RSA Fund I, Fund II, Fund III and Retiree Fund IV are contained in the table below:

Management Fee
Fund Type PFA (% p.a) PFC (% p.a) PENCOM (% p.a) Total (% p.a)
RSA Fund I (Asset Based) 1.50 0.30 0.225 2.025
 RSA Fund II (Asset Based) 1.20 0.25 0.20 1.65
RSA Fund III (Asset Based) 1.10 0.225 0.175 1.50
Retiree Fund IV (Income Based) 5.00 1.50 1.00 7.50
Administrative Fee

Our administrative fee is regulated and the amount charged monthly is ₦100.00 per RSA holder and ₦50.00 per Retiree .