En Bloc
This payment type applies to Retirement Savings Account (RSA) holders who have attained the qualifying age of 50 years and have retired from service, but whose RSA balances are not sufficient to provide a monthly pension of at least one-third of the prevailing minimum wage, which is currently ₦23,333.33. In line with extant regulations, the entire balance shall be refunded to the RSA holder en bloc.
An expatriate (non-Nigerian national) working in Nigeria can access the balance in his/her Retirement Savings
Account when relocating to his/her country while clients resident abroad can submit notarized copies of their
documents via email for further processing.
To download the Retiree Indemnity Form, click the button below
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Documentation Requirement Checklist for En Bloc Payment
- Data Recapture Exercise – This is mandatory for all RSA holders
- Duly filled FCMB Pensions Notice of Retirement form
- Retirement/Disengagement Letter
- Written application
- Evidence of any Accrued Pension Rights/Acknowledgement of non-indebtedness by employer (to be provided by
- Two Passport Photographs
- Bank confirmation of account (NUBAN)
- Sworn age declaration/Birth certificate
- Means of identification (National ID/Driver's license/Voter's card/International)
Please note that the National Pension Commission (PenCom) has directed that all RSA holders (Active and Retired) should carry out data update exercise.