ADMIN AND TRUSTEE SERVICES

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Overview

Admin and Trustee Services

Administrative function (Employer sponsored schemes)

  • Keeping of proper accounting records and members’ register

  • Preparation and lodging of annual audited financial statement

Trustee function (Master Trust Scheme)

  • Scheme Set up and Registration

  • Membership management Contributions management/allocation

  • Process transfers to / from other registered schemes

  • Benefit payment to members

  • Reports

  • Management of investment process including formulating the investment policies/strategy and mandates

  • Compliance of investment mandates

Withdrawal
  • Normal Retirement at age 60 and above

  • Early retirement from age 50 ( if not employed or self-employed)

  • Non Ghanaians emigrating permanently

  • Medical Board declaring a contributor as no longer mentally or physically capable of performing the functions of office.

  • Upon Death benefit is paid to nominated beneficiaries.