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1. Personal Pension Plan (PPP) & Micro-Pension Guidelines
NextAutomate operates as an automated aggregator connecting individual contributors to licensed Pension Fund Administrators (PFAs) and Pension Fund Custodians (PFCs) under the guidelines of the National Pension Commission (PenCom).
2. Fund Split (40% Contingent / 60% Retirement)
In line with Micro-Pension regulations, all contributions are credited 40% into your flexible Contingent portion (accessible after a 60-day qualifying period) and 60% into your long-term Retirement portion (locked until age 50 or other statutory conditions).
3. Accurate Identification
You verify that the National Identity Number (NIN) and biodata provided are authentic and belong solely to you. Providing false identity credentials is a violation of federal law.
1. Data Collected
We process your name, contact information, National Identity Number (NIN), date of birth, and pension identifiers (RSA PIN) to administer your retirement savings account.
2. Security & Compliance
Your records are encrypted and protected under the Nigeria Data Protection Act (NDPA). We do not sell your personal information to third parties.