My RSA Account

Under Normal Retirement (50 years above) the customer is entitled to minimum of 25% and maximum of 50% of RSA balance as Lump Sum payment and a monthly or quarterly programmed withdrawal.

Retiree above 50 years with 500,000 naira below as RSA balance is paid off (enbloc payment)

Temporary loss of job and voluntary retirement before the age of 50 years is paid 25% of RSA balance 4 months after exit.

Death benefits is full payment of RSA balance to nominated Next of Kin, this also applies to group life insurance payment.

An employee will make monthly contributions of a minimum of 8% of the total of his/her monthly emoluments (i.e., monthly basic salary, transport allowance and housing allowance) into his/her RSA.

The employer will contribute a minimum of 10% of the employee’s monthly emoluments towards the retirement benefits of the employee.

Movement from one employment to another does not affect pension under the new scheme. The account (RSA PIN) remains yours for life. You just need to notify your PFA of the change, forward your RSA PIN and PFA details to your new employer to ensure that the pension contributions/deductions from the new employer will be sent to that account.

To download an Account Opening form, click here Complete the application form to open a Retirement Savings Account and submit to our nearest branch office. The form and white background passport size photograph. A personal identification number (RSA PIN) will be issued to you as evidence of successful registration.

Fund Prices





Our Administrative Fee: View Details ₦100 Normal RSA
₦20 below ₦4,000 for Micro Pension
₦80 above ₦4,000 for Micro Pension

Rate of Returns: View Details FUND I - 6.74%
FUND II – 10.74%
FUND III – 13.51%
FUND IV – 12.22%

Number of RSAs Registered: 691,314