Total RSA Registration as at 31 March 2020 – PensionNigeria

Total RSA Registration as at 31 March 2020

National Pension Commission (PenCom) has disclosed that the total Retirement Savings Account (RSA) Registration as at 31 March 2020 was 8,998,597. This is a welcome development because the last time PenCom released the figures for RSA registrations via its monthly report was as at 31 May 2019.

PenCom did not give any reason for not releasing the figures via its monthly report from as at 30 June 2019 to as at 29 February 2020, but we suspect it was due to the Data clean up exercise to identify duplicate RSA registrations within the pension industry.

Though PenCom only released the total figures as at 31 March 2020, without releasing the breakdown based on Age and Gender as was done previously as seen in the report as at 31 May 2019, we expect that PenCom will resume the release of the breakdown based on Age and Gender soonest.

PenCom Report of Retirement Savings Account (RSA) Registration as at 31 March 2020.

PenCom Report of Retirement Savings Account (RSA) Registration as at 31 May 2019.