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The short answer
If you have two jobs at the same time, you still have only one Retirement Savings Account (RSA): each employer covered by the scheme deducts at least 8% from the pay it gives you, adds at least 10%, and remits both to that same RSA using your PIN. Do not open a second RSA; give both employers the same PIN and check that your PFA statement shows two streams of contributions.
One person, one RSA
The Contributory Pension Scheme is built around one account per person for life. PenCom's micro pension FAQ says only one RSA is allowed per lifetime, and PenCom's 2023 FAQ treats multiple RSAs for one person as an error to be cleared up through data recapture. Your PIN identifies that account, and any number of employers can remit to it.
So the question with two jobs is not which RSA to use, but whether both employers are paying into the one you have.
How each employer's share is worked out
Each employer calculates contributions on the monthly emoluments it pays you, under the minimums of the PRA 2014 summarised by PwC: at least 10% from the employer and at least 8% from you, on a base of no less than basic salary plus housing and transport. Neither employer calculates on your combined income.
Worked example
Example only. Halima teaches full-time at a private school in Abuja for ₦180,000 a month (basic, housing and transport) and works part-time for a clinic on ₦120,000 a month, also on a structured contract.
| School | Clinic | Total | |
|---|---|---|---|
| Monthly emoluments | ₦180,000 | ₦120,000 | ₦300,000 |
| Employee share (8%) | ₦14,400 | ₦9,600 | ₦24,000 |
| Employer share (10%) | ₦18,000 | ₦12,000 | ₦30,000 |
| Total into her RSA | ₦32,400 | ₦21,600 | ₦54,000 |
Her PFA should receive ₦54,000 a month in two separate remittances, or ₦648,000 a year. If only the school remits, ₦21,600 a month, or ₦259,200 a year, is missing.
When the second employer is not covered
The duty to remit depends on the employer being inside the scheme. PwC's summary of the PRA 2014 describes the mandatory threshold as 15 or more employees, while PenCom's own pages describe coverage from three employees, and employers with fewer than three staff fall outside the mandatory rules. A small second employer may therefore not deduct pension at all. In that case you can still raise your savings through voluntary contributions to your existing RSA; PenCom's 2023 FAQ allows them provided total deductions stay within one-third of emoluments.
Contract and freelance second jobs
The scheme's rates are set on monthly emoluments under a contract of employment, as PwC's summary describes them. If your second role is paid on invoice as a freelancer or consultant rather than through payroll, ask the organisation in writing whether you are treated as staff. If you are not, no employer contribution will come, and the 8% will not be deducted either. You can make up some of the difference yourself.
Example only. If your freelance work brings in ₦100,000 a month and you want it to carry the same 18% that a salaried job would, you would pay ₦18,000 a month into your RSA as a voluntary contribution, or ₦216,000 a year. Ask your PFA for its voluntary contribution account details and keep the receipts.
Steps to set it up
- Give both HR or payroll teams the same PIN and the name of your PFA.
- Check each payslip shows its own pension deduction on that employer's pay.
- After two or three months, download your RSA statement and look for two employer names or codes.
- Tell your PFA if contributions are being sent with a misspelt name or wrong PIN; mismatched records are a common reason a second employer's money goes missing.
- If one employer deducts but does not remit, follow what to do when an employer does not remit.
Tax with two employers
Each employer applies PAYE to the pay it gives you, after taking off your pension contribution, which the Nigeria Tax Act 2025 allows as a deduction according to a November 2025 Mondaq summary. Because each employer only sees its own payroll, your total tax for the year may need to be settled with the tax authority on your combined income. Keep both employers' payslips and annual tax statements together for the whole year; see pension and PAYE relief.
What to check first
- You have one PIN, and both employers have it.
- Each employer is inside the scheme; ask HR if unsure.
- Each deduction is on a base of at least basic, housing and transport.
- Both employer names appear on your statement.
- If you leave one job, the other carries on remitting without a gap.
How the system fits together is in how the RSA system works.
Where Pryme fits
With two salaries arriving on different days, it helps to see them in one place. A Pryme Personal Account can receive both, and the Personal Assistant can prepare a monthly transfer of a set amount to a Naira Savings Box for you to approve.
Questions people ask
Can I have two pension accounts in Nigeria?
No. One RSA is allowed per person; PenCom treats multiple RSAs as an error to be corrected.
Do both my employers have to pay pension?
Each employer covered by the scheme must deduct and remit on the pay it gives you. A very small employer may fall outside the mandatory rules.
How do I give my second employer my pension details?
Give HR your existing PIN and the name of your PFA. Do not open a new RSA.
Will two jobs increase my pension?
Yes, if both remit: each adds at least 18% of the pay it gives you to the same RSA.
Sources
- PenCom, Frequently Asked Questions (2023 edition) · accessed Oct 2026
- PenCom, Micro Pension Frequently Asked Questions and Answers · accessed Oct 2026
- PwC Nigeria, Tax Bites: Pension Reform Act 2014 (July 2014) · accessed Oct 2026
- Mondaq (S.P.A. Ajibade & Co.), Understanding the taxation of income of employees under the tax reform Acts (10 Nov 2025) · accessed Oct 2026
This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.