Connect with us

Business News

PenCom to Register 21,000 Retirees on Online Enrollment Portal

Published

on

By Adedapo Adesanya

The National Pension Commission (PenCom) has disclosed that 21,000 prospective retirees would be registered soon on its newly developed online enrollment portal across the nation.

This was disclosed by the Commissioner, Technical, PenCom, Mr Anyim Nyerere, at a workshop organised by the commission for Pension Desk Officers (PDO’s) on Enrollment Application on Wednesday in Lagos.

Mr Nyerere said that 11,000 prospective retirees were due for the annual pre-retirement enrollment exercise in 2019/2020 while 10,000 prospective retirees were expected for the 2020/2021 fiscal year.

He explained that the 2019/2020 retirees-to-be were pending due to the inability of PenCom to conduct the physical annual pre-retirement enrolment exercise due to the global COVID-19 pandemic.

He noted that following the development, the agency had developed an online enrolment application with the capabilities to register, verify and enrol prospective retirees.

Mr Nyerere said that the application would provide the guidance note accordingly which would help to compute the retirees’ benefits.

“This nouveau application, which will be hosted on the commission’s website, will enable prospective retirees to log on to register with their details on the Retiree Registration Module (RRM).

“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.

“PenCom regrets the inability to conduct this physical annual pre-retirement enrolment exercise due to the global COVID-19 pandemic.

“Therefore, the need to observe the necessary safety measures as directed by the government thus becomes inevitable.

“The PDOs and the public within the pension industry will appreciate the challenges in not conducting the physical pre-retirement enrolment exercise,” he said.

According to him, the desire of the commission is to ensure that the exercise is done so as not to affect the validation and determination of the accrued pension liabilities of the prospective retirees for government budgetary purposes.

Mr Nyerere noted that the MDAs would be required to upload the list of potential retirees who had not been enrolled before, including their full name and signature specimen of its authorised signatories, among others.

The commissioner stated that the workshop was to expose the PDOs to the online enrolment application procedures for the verification of the prospective retirees.

He said, “the PDOs will guide prospective retirees on how to complete the information on the application.

“The PDOs will equally ensure that the retirees’ information submitted by the MDAs are accurately completed in line with the online enrolment guidance notes.

“This workshop will help equip the PDOs with the requisite knowledge on how the retiree registration module operates for the smooth implementation of the online enrolment application.

“Necessary safeguards and modalities have equally been put in place for the exercise.

“We hope the PDOs will strictly comply with the provisions of the guidance notes on the enrolment for the conduct of the upcoming nationwide pre-retirement verification and enrolments exercise.”

World10 mins ago

India: Another Muslim man kills his Hindu partner for using social media

News36 mins ago

Friends gift media personality, Denrele Edun, a Lexus SUV as his 40th birthday present (Video)

News40 mins ago

TNG Interview: FG should save 20,000 species of fishes in the Niger Delta before they go extinct – Hon Abiante

Politics52 mins ago

G7 Pledge Over 1 Billion Vaccine Doses To Poor Nations, Boris Johnson Says

World1 hour ago

India unlikely to accept back four women who converted to Islam and joined the Islamic State

News1 hour ago

”It was the worst decision of my life”- Denrele Edun reveals he once dated a man (video)

Health2 hours ago

One Scary Side Effect of Drinking Too Much Caffeine, According to Science

World2 hours ago

Ex-Muslim who became Catholic now says ‘Rome is lost, and the Qur’an is the road to truth’

News2 hours ago

Constitution review: FCT natives demand Abuja be made a State

Politics2 hours ago

APC Chairman In Plateau State Sacked From Office

News2 hours ago

Shade Ladipo: “Nigerians don’t like when people find hap-p*nis”

News2 hours ago

My grandson’s generation should not know “Up NEPA” – Pastor Tunde Bakare

World3 hours ago

Is Israel Illegally Displacing Arabs In East Jerusalem?

News3 hours ago

BREAKING: Zambian President, Lungu collapses at Defence Force Day event

Business News3 hours ago

Agriculture, Key to Africa’s Quest for Continued Growth and Sustainability

News3 hours ago

Again, gunmen attack Zaria again, abduct residents

World4 hours ago

Pakistan: Mosques collecting donations for Afghan Taliban

News4 hours ago

Photo of Turkey-based Nigerian man allegedly found inside a bottle buried in his uncompleted building

News4 hours ago

Nigerian Air Force bomb mistakenly strays into wedding party in Niger State

Business News4 hours ago

Nelson, Abebrese Plant Trees for Green Ghana Initiative

News18 hours ago

Aunt mourns niece’s death, accuses her pastor husband of domestic violence

News22 hours ago

Anambra 2021: LP chooses Agbasimelo, ‘Oga-Ndi-Oga’ Movement boss as its guber candidate

News23 hours ago

Senate President visits wounded soldiers in Kaduna, donates N10m

News23 hours ago

Pretty Mike attends Toyin Lawani’s wedding with convey of baby mamas and their babes (video)

News19 hours ago

Caroline Danjuma says as she wished her rift with Davido over Tagbo’s death never happened

News3 hours ago

BREAKING: Zambian President, Lungu collapses at Defence Force Day event

News21 hours ago

Banditry: Things are getting worse daily in Zamfara, Gov Matawalle cries out

News8 hours ago

Police justifies use of tear gas on June 12 protesters

News16 hours ago

Nkechi Blessing Sunday: “A man that can be snatched is not worth fighting for”

News12 hours ago

Tension in Abia as Army, ESN clash, soldier shot

News4 hours ago

Nigerian Air Force bomb mistakenly strays into wedding party in Niger State

World22 hours ago

Virginia: Muslim school board member from jihad-linked mosque tells high school students to remember their ‘jihad’

News11 hours ago

Boko Haram luring new recruits, spies with N5,000 – Governor Zulum

News19 hours ago

There are no grazing routes in Bayelsa – Governor Diri replies Buhari

News23 hours ago

Atiku distances self from Koo social media account

News17 hours ago

Photos and video of #IstandwithBuhari protesters in Abuja (video)

World21 hours ago

Pakistan: Muslim mob of over 300 attacks Christian village after villager spills water on clothes of young Muslim

News24 hours ago

NDLEA intercepts 100,000 bottles of codeine syrup at Onne Port –spokesman

News8 hours ago

Diver swallowed by a humpback whale miraculously survives

News7 hours ago

Accident: “Hit and Run” vehicle kills Okada rider in Osun

Trending