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Showing posts from May, 2026

PenCom to capture employees on-line towards prompt payment of accrued pension rights.

By Afolabi Oyekunle. In its desire to ensure prompt  payment of accrued  rights of employees and capture their data, Pencom is deploying on-line capturing  for all active employees of treasury-funded Ministries, Departments and Agencies (MDAs) who were employed before 30 June 2004.   The exercise which commenced on 2nd February 2026 and  ends on 31 July 2026, is aimed at capturing accurate and complete data on eligible workers. This will support the timely payment of their accrued pension rights under the Contributory Pension Scheme (CPS. According to Pencom, the Federal Government has intensified efforts to improve participation in the ongoing mandatory verification and enrolment exercise for civil servants with accrued pension rights, following low turnout despite the importance of the exercise.   "Towards this, the National Pension Commission (PenCom) is conducting a one-ti...