How To Contribute
To Retirement Savings
In 2014, the Pension Reforms Act (PRA) signed an act that requires a minimum contribution of 18% of monthly emoluments. Participation in the scheme is mandatory, and employers are required to make a 10% minimum contribution, while employees make an 8% minimum contribution towards it.
As an employer of labor, you can now sign you and your employees up with GTCO Pension Managers to start enjoying the benefits of our smart pension scheme today.
For Employers
This, as well as your employees’ voluntary contributions, will be deductible for tax purposes.
For Employees
Your Human Resource department would either direct your pension fund into a select Guaranty Trust Bank account, or you can credit your funds directly into your RSA. However, you can only do this if you have an employer code.
Once your RSA has been registered, we will help create a schedule of your contribution and manage other relevant details as regards your pension fund.
Our Pension Fund Custodian
Account Name: ZPC/GT Pension Collection Account
Account Number: 1224125427
Sort Code: 057150013
Bank: Zenith Bank PLC
Why Choose Us
We’ve helped Millions of Customers with their Savings and Financial Plans