Administrative Charges

Administrative Charges

Premium Pension charges an administrative fee of ₦100.00 monthly plus VAT of 5%, deducted from your monthly contributions.

Premium Pension charges an administrative fee of;

₦20 for contributions below ₦4,000 for Micro Pension
₦80 for contributions above ₦4,000 for Micro Pension

Investment Management Fees

Investment Management Fees are charged as follows:
RSA Fund I: 1.50%; RSA Fund II: 1.20%; RSA Fund III: 1.10%, while 5% is charged on the Income earned on RSA Fund IV. These fees are regulated by the National Pension Commission (PenCom) and are subject to change. No other charges are made to your account.

Number of RSAs Registered: 797,998