Pension News

Total RSA Registration as at 28 February 2023

National Pension Commission (PenCom) has disclosed that the total number of Retirement Savings Account (RSA) Registrations as at 28 February 2023 is 9,919,281, this shows an increase of 28,215 for the Month of February 2023 compared to the 9,891,066 as at 31 January 2023.

The 28,215 Retirement Savings Accounts (RSA) registrations for the month of February 2023 is lower than the 28,937 RSA registrations for January 2023 but higher than the average monthly RSA registrations for the past twelve (12) months, which is 27,463.

PenCom only released the total number of RSA Registration as at 28 February 2023 in its monthly report for February 2023, without any breakdown. We look forward to a time when the Regulator, National Pension Commission (PenCom) will release the monthly report for RSA Registrations per Fund, per Pension Fund Administrator (PFA) along with the breakdown based on Age and Gender. This will enable stakeholders and industry analyst measure PFA performance based on RSA registrations per Fund, along age brackets, sector and gender, on monthly basis.

PenCom however releases RSA registrations per PFA and RSA Registration Age and Gender breakdown, on quarterly basis. You can check out the latest reports in the links below
RSA registrations per PFA
RSA Registration Age and Gender Breakdown

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