Retirement Savings Account (RSA) Contribution
According to the Pension Reform Act 2014, when your account has been activated, we will provide you with an account number with our PFC (UBA Pension Custodian Limited) into which your employer will be required to pay your monthly contributions, in the following proportion.
|Employer (Minimum Contribution)||Employee (Minimum Contribution)|
|Private Sector Employees||10%||8%|
|Public Sector Employees||10%||8%|
The schedule of contribution will ensure that staff accounts are credited appropriately in good time.