Saturday, May 28, 2022

PenCom directs RSA holders to begin data recapturing

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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.

A Statement made by the commission in Lagos stated 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.

“Consequently, all active contributors are hereby advised to visit their PFAs and provide the following documents to complete the data recapture,” said the statement.

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The documents 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.

“For retirees, 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.

“All 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.

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According to PenCom, all PFAs have been directed by to issue an 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).”

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