Pension Funds Management and Administration

RATIONALE:

The purpose of the new Pension Reform Act is to shed the burden of pension payment liabilities, harmonize pension schemes, ensure viable investment of pension funds and effect prompt payment of pension benefits to the beneficiaries; thereby alleviating the suffering of pensioners.

The reform has created mixed feelings among Nigerian workers. It therefore becomes needful and timely to have an informed discuss on the new pension scheme, highlighting accruable benefits and procedure for accessing it.

This programme is designed to sensitize and educate participants on the new pension scheme.

You will learn how to:

  • Comparatively analyze the old and new pension scheme;
  • Objectivize the new pension scheme;
  • Deal with basic issues in the new pension scheme: Pension Reform Act 2014;
  • Appropriate retirement benefits in the new reform;
  • Operate and manage retirement saving account;
  • Appreciate the role, responsibilities and functions of PenCom and other pension
    fund managers;
  • Navigate the regulatory mechanisms; and
  • Plan the information technology perspectives of pension funds management.

Benefits of Attending: You will be able to:

  • Highlight the objectives of the new pension scheme;
  • Compare and contrast the new pension scheme with the old scheme;
  • Analyze the benefits of the new scheme;
  • Identify the role, responsibilities, functions and operations of stakeholders in the
    administration of the new pension scheme;
  • Discuss the challenges of the new pension scheme.

TARGET AUDIENCE:

Pension funds managers and officers, human resource managers, accountants, administrators and all others who are affected by the new scheme.

DURATION: 3 DAYS

Location

New York