PenCom begins enrolment of retiring FG employees in southwest

PenCom

The National Pensions Commission (PenCom) has started the verification and enrolment of retiring Federal Government employees in the southwest. PenCom’s Head, Corporate Communications, Peter Aghahowa disclosed this in a statement yesterday.

He said the exercise, which began yesterday in the southwest, would last till August 17, 2018.

Included are employees in the Ministries, Departments and Agencies (MDAs) that are treasury-funded in Lagos, Ogun and other states.
Aghahowa explained that that the exercise was for employees in establishments who are due to retire from January to December 2019.
Among these are those retiring at the age of 60 years, or who had spent 35 years in service, as well as either 65 years in service, or 70 years of age, for employees of tertiary institutions.
He stressed that the purpose of the enrolment was to ensure a hitch free payment of retirement benefits to the employees as and when due.
He disclosed that the physical enrolment also includes those who have already retired, but are yet to be enrolled.
He asked prospective retirees to also come with the evidence of registration with a Pension Fund Administrator (PFA), indicating their Retirement Savings Accounts (RSA) and Personal Identification Number (PIN).
The exercise for employees in Lagos and Ogun states would take place at the University of Lagos, while the Ibadan Centre would serve for employees in Oyo, Osun and Ondo States.
Aghahowa disclosed that employees are requested to attend the enrolment with the originals and copies of their letters of appointment, evidence of transfer of service and acceptance.