1351 Results Found

Guidelines on Voluntary Contribution Under the Contributory Pension Scheme

Ministry of Finance, Budget and National Planning, Nigeria

The objective of these guidelines includes: to establish a uniform set of rules for the operation of voluntary contributions; provide the necessary modalities for withdrawal; utilize voluntary contributions to enhance retirement benefits; to engage retirees to utilize voluntary contributions to increase their existing pensions.

Nigeria 2018 Finance

Guidelines on Corporate Governance for Pension Fund Operators (PFOs)

Ministry of Finance, Budget and National Planning, Nigeria

The aim of these guidelines includes: to incorporate best corporate governance practices in PFOs in Nigeria; to promote corporate values and ethical practices in the pension industry; to specify the roles, responsibilities and management of PFOs; and to align the interest of the board, management and shareholders in the pension fund industry.

Nigeria 2021 Finance

Whistle Blowing Guidelines for Pensions

Ministry of Finance, Budget and National Planning, Nigeria

These guidelines outline the guidance for reporting regulatory breaches in the pension industry. The guidance cover the responsibility for reporting breaches; actions that cause breaches; reaction to breaches; categories of breaches; procedures for whistleblowing; and enforcement and penalties for breaches.

Nigeria 2008 Finance

Implementation of the Pension Reform Act, 2004: Guidelines for Transnational Arrangements

Ministry of Finance, Budget and National Planning, Nigeria

These guidelines guide transnational matters in both the private and public sectors. The guidelines cover accrued retirement benefits rights, contribution to schemes, access to a retirement savings account, management of the existing scheme, and the Nigeria Social Insurance Trust Fund.

Nigeria 2008 Finance

Guidelines for the Operations of Pension Fund Custodians

Ministry of Finance, Budget and National Planning, Nigeria

Following the Pension Reform Act, 2004, this document outlines the procedures for the operations of pension fund custodians and other related matters.

Nigeria 2017 Finance

Guidelines for Risk Management Framework for Licensed Pension Operators

Ministry of Finance, Budget and National Planning, Nigeria

These guidelines specify the risk management process; the minimum requirements needed for risk management; the reporting requirements; and the roles and responsibilities of the board and senior management.

Nigeria 2009 Finance

Data Privacy Policy- Nigeria Pension Commission

Ministry of Finance, Budget and National Planning, Nigeria

This policy by the Nigeria Pension Commission on the use of pensioner’s private data covers: the nature and reason for the collection of personal data; consent of data subject; processing and protection of personal data; storage and retention of personal data; disclosure of personal data; governing laws; and violation of data privacy and remedies.

Nigeria 2018 Finance

Guidelines for the Operations of Pension Transnational Arrangement Departments

Ministry of Finance, Budget and National Planning, Nigeria

This document outlines the guidelines for the establishment and supervision of pension transnational arrangement departments by the National Pension Commission, outlining the structure and function of the pension departments and other related guidelines.

Nigeria 2009 Finance

Framework for Resolution of Failing operators in the Nigerian Pension Industry

Ministry of Finance, Budget and National Planning, Nigeria

This framework for the resolution of failing operators covers the identification and assessment of risk and supervisory concerns; thresholds and supervisory response; monitoring supervisory actions; termination and modification of supervisory actions; and incentives for merging institutions.

Nigeria 2011 Finance

Guidelines for Transnational Contributions Fund

Ministry of Finance, Budget and National Planning, Nigeria

These guidelines outline the modalities for the establishment and management of the Transnational Contributions Fund and other related matters.

Nigeria 2009 Finance

Framework for the Recovery of outstanding Pension Contributions and Interest Penalty from defaulting employers

Ministry of Finance, Budget and National Planning, Nigeria

The objective of this framework is for a standard and cost-effective procedure for ensuring the recovery of outstanding pension contributions of employees. The Framework covers the identification of employers with outstanding pension contributions; computation of interest penalty; and the appointment of recovery agents.

Nigeria 2008 Finance

Framework for Regime Sanctions and Penalties

Ministry of Finance, Budget and National Planning, Nigeria

The objective of this framework is to define a regime of sanctions and penalties as deterrents to secure maximum compliance with the pension Act. The framework covers monetary penalties, legal proceedings and public censures.

Nigeria 2008 Finance

Framework and Implementation Guidelines for RSA Retiree Fund

Ministry of Finance, Budget and National Planning, Nigeria

The objective of these guidelines is to ensure the fund does not diminish; ensure retiree pension does not lose value; ensure retiree funds are exposed to little risk; ensure retiree funds generate income to cope with inflation; to ensure appropriate fees are charged by portfolio managers.

Nigeria 2009 Finance

Framework for Micro-Pension Plan

Ministry of Finance, Budget and National Planning, Nigeria

This framework consists of three main strategies: strategies for securing participation in the Micro-Pension Plan; operational modalities for the Micro-Pension Plan; and minimum requirements for participation by licensed pension fund administrators and custodians.

Nigeria 2018 Finance