Pencom To Start Verifying 2020 Retirees In July

Acting DG of PenCom, Aisha Umar-Dahir The National Pension Commission (Pencom) on Monday said it is going to start verification exercise for civil servants who will be retiring by year 2020. The Acting Director General of Pencom, Mrs Aisha Dahir-Umar, stated this at the opening of PenCom’s pre-retirement sensitization for intending Federal Government retirees under the Contributory Pension Scheme (CPS) in Ilorin, Kwara state. Dahir-Umar said the commission had finalised arrangements to commence the verification of prospective retirees who would be retiring in the year 2020 from public service of the federation. The DG, who was represented by a staff from the Benefits and Insurance Department of the commission, Abubakar Isa, said “the verification exercise is scheduled to hold from July 1 to August 2, 2019 in 15 centres across the country. “The forthcoming exercise, therefore, necessitated the need to undertake adequate sensitization and public enlightenment in order to prepare prospective retirees on the steps to take towards a hitch free retirement life. “You would recall that the objectives of the Pension Reform Act (PRA 2014) is to ensure that every person who worked in either in the public service of the federation, Federal Capital Territory, states and local governments or the private sector receive his retirement benefits as and when due and to establish uniform set of rules, regulations and standards for all aspects of pension administration, including payment of retirement benefits to retirees amongst others.” She added that “the achievements recorded by the commission in the last sixteen years would not have been possible without the support and understanding of all stakeholders, especially you, our esteemed contributors who are about to retire. “Three topics will be presented which are: Enrolment exercise and documentation requirements, accessing retirement under the CPS and life in retirement. “It is our hope that the workshop would inform participants on what they need to know on documentation requirements, payment of retirement benefits and best ways to enjoy life in retirement.”