PenCom directs RSA Holders To Embark On Data Recapturing Exercise

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PenCom directs RSA Holders To Embark On Data Recapturing Exercise

Yusuf Abdul

The National Pension Commission (PenCom) on Thursday directed all Retirement Savings Account (RSA) holders to visit their Pension Fund Administrators (PFAs) to participate in the ongoing Data Recapture Exercise (DRE).

According to the commission in a statement made available in Lagos, it said that the exercise was for both active contributors and retirees whose data had not been recaptured.

“The DRE is in compliance with the directive of the Federal Government that all data generating organisations should harmonise their databases with the National Identity Management Commission (NIMC).

“It is also consistent with the need to have a credible database of all RSA holders in Nigeria. Because of this, all active contributors are hereby advised to visit their PFAs and provide the following documents to complete the data recapture,” said the statement.

Those things required to be presented at the venue are staff identity card, national driver’s license, permanent voter’s card, international passport (mandatory for non-Nigerians), enrollment slip issued by NIMC, birth certificate or sworn affidavit of age declaration.

As for those that are yet to retire completely but who are either on programmed withdrawal or annuity, they are expected to present the same documents with their letter of retirement issued by the employer to the retiree.

Every  RSA holders, who have had a name change (either their surnames or first names or both after registration), should present their marriage certificate (only applicable in the case of marriage

“Newspaper publication for change of name, sworn affidavit and confirmation letter for change of name from employer (if still in employment),” it said.

According to PenCom, all PFAs have been directed by to issue acknowledgement slips to RSA holders who submit complete documents for their data recapture.

The commission said the RSA holders would be notified of the status of their data recapture (successful or not successful) within five working days of submission of documents.

PenCom confirmed that two agents: Payone Solution Systems Ltd. and Afritech Multi-Concept Ltd., had been engaged by PFAs to carry out the DRE as approved by the commission.

It said: “The agents are authorised to establish data recapture centres.

“RSA holders are allowed, therefore, to have their data recaptured at such centres by the agents (if they are unable to visit the offices of their PFAs)

 

Yusuf Abdul

 

 

 

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