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Digital verification of retirees to commence in July, says PenCom

The National Pension Commission (PenCom) has said that it would commence digital verification and enrolment of prospective retirees in the South-West region before the end of the first week of July 2021.

PenCom. Photo: Nairametrics

The National Pension Commission (PenCom) has said that it would commence digital verification and enrolment of prospective retirees in the South-West region before the end of the first week of July 2021.
 
Commissioner, Technical, PenCom, Anyim Nyerere, disclosed this during a workshop for Pension Desk Officers (PDOs) of the Treasury-Funded Ministries, Department, and Agencies of the Federal Government on the Online Enrolment Application (OEA) for the enrollment of prospective retirees.
 
Nyerere said the verification and enrolment would begin after the pension desk officers had been adequately trained on the operation of the OEA, noting that the training would equip the PDOs with the knowledge to guide prospective retirees to complete the information on the online enrolment application form.

 
According to him, the national pre-enrolment exercise will commence in the next few weeks, saying it would capture both those that are due to be captured in this fiscal year and those that missed it as a result of the Covid-19 pandemic in 2020. 

He said the PDOs would also ensure that retirees’ information submitted by the Ministries, Department, and Agencies (MDAs) is accurately completed in line with the online enrolment guidance notes.
 
“This exercise will equip them with the requisite knowledge on how the Retiree Registration Module (RRM) operates for the smooth implementation of the OEA,” he said.
  
Nyerere said the online enrolment application had the capabilities to register, verify and enrol workers due for retirement from service between January and December 2021.
  
The commissioner attributed the adoption of digital verification for employees under the Federal Government treasury-funded MDAs to the COVID-19 pandemic, noting that the application also can compute retirees’ benefits.

“PenCom regrets its inability to conduct physical annual pre-retirement enrolment due to the need to observe necessary safety measures as directed by the government.
 
“The commission decided to conduct this exercise so as not to affect the validation and determination of the accrued pension liabilities of future retirees for government budgetary purposes.
 
“So, the online platform allows future retirees to log on to the website and register with their details on the RRM,” he added.

In his remarks, Head, Contribution and Bond Redemption Department, Abdulrahman Salem, said physical verification and enrollment exercise might not face out 100 per cent but is going to be minimal. 
 
He said the retirees would have the ability to register anywhere in the world, while their data and information would go to the Pension Fund Administrators (PFAs) online in real-time.
  
“The only thing they will have to do at the PFA is just to go for capture to make sure they are the ones and this can be done at any branch office of the PFA’s that are spread all over Nigeria. 

 
“This will make physical contact to me minimised unlike before when we had to gather all of them in one centre and capture them but now they would be spread all over Nigeria which means that the contact would be minimised.”
 
He noted that the retirees could not register online till they had done data recapture at the PFAs, which means that their National Identification Numbers (NIN) must have been tied to their Identification Numbers (PINs).
 
Meanwhile, he noted that about 11,000 employees of the Treasury-Funded Ministries, Departments, and Agencies are expected to retire this year.
 
“It is an established norm within PenCom to conduct physical annual retirement verification and enrolment exercise on the Federal Government of Nigeria employees of the Treasury Funded Ministries, Departments and Agencies (MDAs) scheduled for retirement within the next fiscal year. 
  
“This exercise is aimed at validating and determining the retirees’ accrued pension liabilities for budgetary allocation by the Federal Government,” he added.

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