PENCOM Commences 2022 Online Verification, Enrolment Exercise

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23

A major side of the transition to retirement for workers of Treasury-funded Ministries, Departments and Businesses (MDAs) of the Federal Authorities of Nigeria (FGN) is participation within the Annual Pre-retirement Verification and Enrolment Train organised by the Nationwide Pension Fee (PenCom). PenCom not too long ago introduced the graduation of the 2022 On-line Verification and Enrolment Train for retirees/potential retirees of FGN Treasury-Funded MDAs. The train is scheduled to start on Monday, 20th June 2022. All retirees and potential retirees for the 12 months 2022, are required to finish the verification and enrolment train by 31 August 2022 to allow the computation of their accrued pension rights. The accrued pension rights symbolize an worker’s advantages for previous companies rendered to the Federal Authorities of Nigeria (FGN) previous to the graduation of the Contributory Pension Scheme (CPS), from the date of their first appointment to 30 June 2004.The annual train which is carried out to find out the accrued pension legal responsibility is in keeping with the provisions of Part 15 of the PRA 2014, which requires that the accrued entitlement of any worker below the Outlined Profit Scheme who migrated to the Contributory Pension Scheme (CPS), be acknowledged by a Bond, which shall be redeemed into the Retirement Financial savings Account (RSA).

PenCom had automated the Pre-retirement Verification and Enrolment of potential retirees of Treasury-funded Ministries, Departments & Businesses (MDAs) in September 2021.  Previous to this, the annual bodily enrolment train by the Fee was performed at chosen centres within the six geo-political zones of the nation. The restriction of mass gatherings which stemmed from the emergence of the COVID-19 pandemic in early 2020, prevented the retirees and potential retirees from being enrolled on the varied centres, as had been the observe. In response to this problem, the Fee efficiently designed and developed the On-line Enrolment Software, which automated the method. The Software which has capabilities to register, confirm and enrol potential retirees, successfully eliminates the necessity for mass gatherings whereas enhancing consolation for the potential retirees who are actually enabled to take part within the train by means of the Software. For added comfort, the applying could be accessed both by means of cell phones or pc techniques. 

Preparatory to the official deployment of the Software to be used by the potential retirees, the Fee launched into the enlightenment of stakeholders. In recognition of the very important function of MDAs, by means of their Pension Desk Officers (PDOs) in sensitizing and helping retirees to endure the web verification and enrolment train, workshops have been organized for the PDOs of all FGN Treasury-Funded MDAs, to reveal them to the Enrolment Software and procedures for the verification of potential retirees.  The workshops held within the six geo-political zones of the nation and the FCT.  Equally, the Pension Fund Directors (PFAs) have their function clearly outlined. They’re chargeable for verification and enrolment of the potential retirees, helping those that aren’t ready to make use of the self-service choice to register on the Enrolment Software, and forwarding the required stories to PenCom. Workshops have been held for related personnel of the PFAs with a view to equip them with requisite information on the Enrolment Software.

Eligibility for the 2022 verification and enrolment train is restricted to staff of Federal Authorities Treasury-Funded MDAs who’re scheduled to retire in 2022, and those who missed the enrolment workout routines in earlier years.

As a prerequisite for this train, the retirees/potential retirees are to endure the Information Recapture Train. This entails offering their private data and Nationwide Id Quantity (NIN) to their Pension Fund Administrator. Those that have already undergone the information recapture aren’t required to repeat the train, however ought to proceed with the web enrolment.

The Enrolment Software is hosted on the Fee’s web site, www.pencom.gov.ng the place retirees/potential retirees can go surfing to register, full their employment particulars, and add scanned copies of the required paperwork.

The Phases of the On-line Verification and Enrolment Train

The web verification and enrolment train is carried out in three (3) phases specifically, Registration, Verification and Enrolment.

The Registration Stage

With a view to ease the method for potential retirees, two registration/enrolment choices have been offered: the Self-Assisted choice and the Pension Fund Administrator (PFA)/ Pension Desk Officers (PDO)-Assisted choice

The step-by-step process for the On-line Enrolment is hosted on the PenCom web site.

Retirees/potential retirees who select the Self-Assisted choice, are required to go to PenCom’s web site (www.pencom.com.ng) and add their employment particulars in addition to scanned copies of the required paperwork earlier than continuing to their respective PFAs for bodily verification and enrolment.

     Alternatively, retirees/potential retirees who’re unable to finish the web registration for any purpose might method PDOsof their respective MDAs or go to their PFAs for help.

The Verification Stage

The retiree/potential retiree is required to go to their PFA’s nearest department workplace for the verification stage. The essence of the verification is to validate the data and paperwork uploaded by the retiree/potential retiree. The PFAs would subsequently sight the unique or Licensed True Copies (CTC) of the paperwork uploaded by the retiree/potential retiree and retain solely the unique Data of Service and the Letter of Introduction from the MDA.

The Enrolment Stage

Following a profitable verification, the PFA shall seize a dwell {photograph} of the retiree/potential retiree on the enrolment Software. Thereafter, the PFA shall print two copies of the Registration Slip, for the signatures of the retiree/potential retiree and the Enrolment Officer. One copy of the Registration slip is to be scanned and uploaded on the Enrolment Software whereas the second copy can be given to the retiree/potential retiree.

The automation of the verification and enrolment train will facilitate the graceful conduct of the retiree enrolment train and allow PenCom to seamlessly perform the computations of accrued pension rights. With the relative ease of the method, eligible retirees/potential retirees are anticipated to enroll inside the stipulated timeline as suggested by PenCom.

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