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Home News Business & Economy Tech

PenCom Develops Online App to Automate Pre-retirement Verification

July 27, 2021
in Tech, Finance, MGDs
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PenCom Develops Online App to Automate Pre-retirement Verification
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The National Pension Commission (PenCom) on Tuesday announced that it had developed an online application to automate pre-retirement verification and enrollment.

This was disclosed in a statement signed by the commission’s Head, Corporate Communications, Mr Peter Aghahowa, in Lagos.

According to Aghahowa, the application has the capability to register, verify and enrol prospective retirees of treasury-funded Federal Government Ministries, Departments and Agencies (MDAs).

He also clarified that PenCom would test-run the online enrolment application between August 2nd – 20th with selected MDAs, stating that the MDAs would be selected across the six geopolitical zones in the country, including the Federal Capital Territory (FCT).

“Accordingly, the online enrolment application would be hosted on PenCom website.

“As a prelude to the formal deployment of the online enrolment application, PenCom would commence a pilot run of the exercise from between Aug. 2 to 20.

“This will be done with selected MDAs in the six Geo-Political Zones and the Federal Capital Territory (FCT) in order to test-run the application with real-time data,” he said.

He said the application would go live after a test-run on a date to be announced by the commission in due course.

The PenCom spokesperson explained that the affected retirees or prospective retirees were expected to undergo the data recapturing with their respective Pension Fund Administrators (PFAs), as pre-requisite for the online enrolment.

Aghahowa said the data recapturing entailed updating personal details and providing National Identification Number (NIN).

“However, retirees or prospective retirees who have already undergone the data recapture excercise with their PFAs are not required to repeat the exercise,” he said.

(NAN)

Read Also: Ecobank Increases its Assets by N64bn in Six Months

Tags: AutomateOnline AppPenComPre-retirement verification
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