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