Economy

PenCom to commence automated verification of MDAs employees

Access Bank

The National Pension Commission (PenCom) is set to commence automated verification of employees of Treasury Funded MDAs of the Federal Government that are due to retire from service between January and December 2021.

PenCom said that the verification is coming late as a result of the Coronavirus pandemic (COVID-19) that ravaged the outgoing year.

The Commission said automated process in place would ensure seamless conduct of the annual verification/enrolment exercise.

According to the Commission, the new process has two options for the prospective retirees, namely self-assisted or the Pension Fund Administrator (PFA) assisted option.

The self-assisted option entails a prospective retiree scanning original copies of all relevant documents       required for the exercise and uploading these documents to the Enrolment web portal located on the Commission’s website (www.pencom.gov.ng).

After carrying out this process, the retiree is required to visit his/her PFA for the verification and validation of the submitted documents.

If a prospective retiree chooses the PFA assisted option, he/she is required to initiate and conclude the Verification/Enrolment process by visiting his/her PFA to  verify and validate all relevant original documents to enable the PFA upload these documents to the Commission’s Enrolment portal on behalf of the prospective retiree.

The commission said the  exercise is scheduled to commence within the first quarter in 2021, pointing out that further details will be published in select  national newspapers and on the Commission’s website on or before 31 March, 2021.

 

Show More

Leave a Reply

Your email address will not be published.

Back to top button
Close
Close