PenCom begins pre-retirement training for 2020 retirees

Acheme Jack, Kano.

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A cross-section of retirees.

The pension regulatory agency in Nigeria, National Pension Commission, has commenced training of prospective retirees for the year 2020 under the Contributory Pension Scheme, CPS.

The acting Director-General of the commission, Mrs. Aisha Dahir-Umar, said the exercise which began on June 17th is scheduled to end on June 25th in 15 centres across the country.

The Pre-retirement workshop was organized for Federal Civil Servants due to retire in 2020 in Kano state, North-western Nigeria and other neighbouring states.

She said the sensitization and public enlightenment workshop is being undertaken to prepare prospective retirees on the steps to take towards a hitch-free retirement life.

“During the workshop, three topics will be presented which include: Enrolment Exercise and Documentation Requirements, Accessing Retirement under the CPS and Life in Retirement.

We are, therefore, looking forward to fruitful deliberations at this workshop and feel free to make suggestions during and after these workshops about issues that may further help to make retirement life more comfortable to you and future retirees,” she added.

She said verification exercise for 2020 retirees is also slated to hold between 1st July and 2nd August, 2019 and is aimed at educating the prospective beneficiaries on the modalities for accessing retirement benefits under the CPS.

The centres scheduled for the exercise include Abuja, Lagos, Kano, Port-Harcourt, Illorin, Gombe, Bauchi, Owerri, Sokoto, Enugu, Lokoja, Ibadan, Lafia, Benin, Kano, Katsina, Kaduna and Jigawa.

One of the beneficiaries, Professor Sammani Sani of the Bayero University, Kano, commended Pencom for the workshop initiative, especially in the area of financial management after retirement.

He, however, urged the regulator to “open channels for consultations and clarification, even after the training”

The workshop is part of the objectives of the Pension Reform Act, 2014 which ensures that every person who worked in either the Public Service of the Federation, FCT, States and Local Governments or the organized private sector receive his or her retirement benefits as and when due.

The Acting Director-General was represented by Malami Bunza, an Assistant General Manager with PenCom.

Amaka E. Nliam