14. How are contributions of employees of Federal Government Treasury Funded Ministries, Departments and Agencies (MDAs) remitted into their RSAs? – PensionNigeria

14. How are contributions of employees of Federal Government Treasury Funded Ministries, Departments and Agencies (MDAs) remitted into their RSAs?

For employees on the Integrated Payroll and Personnel Information System (IPPIS), the Office of the Accountant General of the Federation (OAGF) deducts and directly remits their contributions into their respective RSAs. However, for employees of Treasury Funded MDAs that are not yet on the IPPIS platform, their contributions are deducted by the OAGF and lodged into the Contributory Pension Account with the Central Bank of Nigeria (CBN). PenCom, thereafter, advises the CBN to remit the contributions directly into their individual RSAs based on the nominal rolls submitted by the MDAs.

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