• Open an RSA
  • Contributing to an RSA
  • Paying into a VC Account
  • Approved Schemes
Open a Stanbic IBTC RSA

With business offices and agent locations across the country, opening and operating a Stanbic IBTC RSA is easy.

Step 1 : Fill RSA Form

  1. Click to download the RSA Opening Form
  2. Complete the form and forward it to any of our offices or agent locations nationwide. Click to find the location nearest to you.

Step 2 : Activation

On receipt and processing of your completed form, a username, passcode and unique PenCom Personal Identification Number (PIN) will be issued to you - we will make all these available to you via SMS and e-mail. These details will enable you gain access to your Stanbic IBTC RSA on-line account.

Step3 : Notify your employer

Please notify your employer that you have signed on to our service and furnish them with the required details(your PFA's name, i.e Stanbic IBTC Pension Managers Limited; RSA number) for the subsequent remittance of your contributions.


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Contributing to an Retirement Savings Account

According to the Pension Reform Act 2004, your employer is mandated to make contributions from your salary into your Retirement Savings Account starting from January 2005, in the following proportions:

 
Employee
(Minimum Contribution)
Employer
(Minimum Contribution)

Private Sector Employees

7.5%
7.5%
Military Employees
2.5%
12.5%

Are you an employer? Our contributions format will ensure that your staff's accounts are credited in good time.

Are you an employee? Simply forward your RSA PIN to your Human Resources department and inform them of the PFA you have chosen.



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Contributing into a Voluntary Contribution Account

With Stanbic IBTC it's easy to pay contributions into your Stanbic IBTC Voluntary Contribution (VC) account.

All you need to do is inform your employer to make deductions from your salary at source.

How much would you need to contribute into your Voluntary Contribution Account? You can decide this by using our RSA Calculator



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