PenCom Streamlines Online Pension Enrolment for Federal Government Retirees

As the landscape of pension fund administration evolves with the rapid advancement of technology, the National Pension Commission (PenCom) has taken a proactive step towards modernising and simplifying the pension verification and enrolment process for prospective retirees of Federal Government Treasury Funded Ministries, Departments, and Agencies (MDAs). Recently, PenCom issued the revised guidance note to Pension Fund Administrators (PFAs) on online enrolment, marking a significant stride in embracing digital transformation and ensuring a seamless transition into retirement for government employees. This article delves into the key highlights of the revised guidance note and its potential to revolutionise pension administration in the country. Thisday