Welcome to Kaduna State PFA Forum!

The Kaduna PFA Forum (KAPFAF) is an association of representatives of all the Pension Fund Administrators with presence in Kaduna State.  The Forum aims at collaborating with and complementing government’s effort, as well as private sector employers, at ensuring that RSA holders in Kaduna State, particularly under the Contributory Pension Scheme (CPS), enjoy seamless services and stress-free retirement. The forum’s role is advisory and consultative while it is also collaborative in ensuring that the objectives of the CPS are achieved for the benefit of all stakeholders.


Industry Information

The Contributory Pension Scheme (CPS) is new pension scheme (since 2004) which is contributory, fully funded, with private third party custody of the funds and assets and based on individual accounts. It ensures that everyone who has worked receives his/her retirement benefits as and when due.

The CPS was birthed by the Pension Reforms Act 2004 (PRA 2004) which was revised after 10 years in 2014 by the PRA 2014.

One of the main objectives of the pension reform is to ensure that every person that worked in either the public or private sector in Nigeria receives his/her retirement benefits as and when due.

An employee shall make monthly contributions of a minimum of 8% of the total of his/her monthly emoluments (i.e., monthly basic salary, transport allowance and housing allowance) into his RSA. The employer shall contribute a minimum of 10% of the employee’s monthly emoluments towards the retirement benefits of the employee.

In Kaduna State:
Kaduna State introduced the pension reform in 2007, soon after the Federal government and contributions under the contributory pension scheme commenced in March 2008 but it was epileptic. There were several shortcomings in the implementation of the 2007 law which made the Mal. Nasir El-Rufai administration to repeal the law in 2016 and enact the Kaduna State Pension Reform Law 2016.

The 2016 law created the State Pension Bureau as the regulator and supervisor of both State and Local Governments pension in Kaduna State. The Governor also approached the National Pension Commission to release one of its staff, Mr Dan Ndackson, to help set up the Bureau. He was also instrumental to the formation of the Kaduna State PFA Forum

Mrs. Esther Alibaba tookover the reigns as Ag. Executive Secretary when Mr. Dan Ndackson returned to PenCom in 2018. In August 2020, Professor Salamatu Idris Isah was appointed Executive Secretary of the Bureau while Mr. Ndackson returned as the Board's Chairman

Pension Regulatory Organisations:
1) PenCom (Regulator)
2) PTAD
3) IPPIS
4) Pension Fund Administrators
5) Pension Fund Custodians
6) Kaduna State Pension Bureau
Closed Pension Fund Administrators (CPFAs) are a category of Pension Fund Operators Licensed by PENCOM under provisions of the PRA 2014. The CPFA License was granted in accordance with the provisions of Section 51 of the Act, to qualifying owner-managed Pension schemes that existed prior to the Pension Reform in 2004. Even though they CPFAs are regulated by PENCOM, CPFA membership is only open to employees of companies that they represent and not for the general public. Notwithstanding the foregoing, CPFAs are subject to provisions of the PRA and rules of their Approved Existing Schemes, and other guidelines as specified by PENCOM from time to time.
List of closed Pension Fund Administrators:
 Chevron Closed PFA Limited
 Nestle Nigeria CPFA
 Nigerian Agip CPFA Limited
 Progress Trust CPFA Limited
 Shell
 Total Nigeria CPFA
 Unico CPFA
List of Pension Fund Custodians:
o Diamond Pension Fund Custodian Limited
o First Pension Custodian Nigeria Limited
o UBA Pension Fund Custodian Limited
o Zenith Pensions Custodian Limited
Industry-related (voluntary) organisations:
1. Pension Fund Operators Association of Nigeria (PenOp)
2. Nigeria Union of Pensioners (NUP)
3. Federal Civil Service Pensioners Association of Nigeria (FCSPAN)
4. Federal Universities Pensioners Association (FUPA)
5. Kaduna State PFA Forum (KAPFAF)