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Retirement Savings Account (RSA) – Veritas Glanvills
Veritas Glanvills House 26, Commercial Avenue Sabo, Yaba Lagos
Mon - Fri : 08:00AM - 05:00PM
+234 (1) 9049470

Retirement Savings Account (RSA)

Our Main Services

Like any combo, your retirement and Asset portfolios belong together. Whatever your pension coverage needs are, we're here to help life go right. Get a quote or talk to an agent.

Retirement Savings Account is a retirement plan account opened by an employee and maintained by a Pension Fund Administrator for the purpose of saving towards the employee’s retirement.
The account is contributed into by the employer and the employee on a monthly basis up to retirement or exit of the employee from the organization. 8% and 10% of the employee’s monthly total emolument comprising of the Basic, Transport, and Housing allowances are contributed on a monthly basis by the employee and employer respectively. If the employer chooses to make all the contributions, he is to pay 20% of the employee’s monthly total emolument. The account is portable which means that you can change your employer and maintain the same account

To open a retirement savings account, download and fill a copy of Veritas Glanvills RSA Form. Complete all fields and submit a signed and clearly thumb-printed copy of the form to our nearest office in your location, or via email at info@fugpensions.com. Please call +234 7064974880, +234 8059994038, +234 8186837545 for more information.

On receipt of your duly completed form and the required supporting documents, we shall obtain a Personal Identification Number (PIN) for you through the National Data Bank (NDB) of the National Pension Commission (PenCom) and notify you via SMS.

A hardcopy of your membership certificate will be sent to the address you indicated on your RSA form. Please inform your employer/HR of your PFA details (PIN/PFA name, PFC account details) as provided on your membership certificate. Consequently, we will notify you via SMS once contributions have been remitted to us by your employer.

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