National Pension Commission (PenCom) has directed Pension Fund Administrators (PFAs) to temporarily waive the provision of National Identity Number (NIN) for retirees undergoing data recapture exercise. PenCom also suspended requirement for indemnity form except for voluntary retirees of the federal government.
The above was contained in a directive signed by PenCom Head of Surveillance Department, Ehimeme Ohioma, and it was disclosed in the document that the waivers was necessitated by the challenges being experienced by retirees in providing some required documents for the processing of their benefits due to the COVID-19 pandemic.
Below are notable extracts from the letter;
On the retiree indemnity form;
“Please note that respective courts have implemented alternative measures in respect of all their activities, including the functions undertaken by the commissioner of oaths. Therefore, voluntary retirees shall explore alternative windows available in respective courts to obtain the endorsement of the commissioner of oaths on the retiree indemnity form.”
On the National Identity Number (NIN)
“PFAs are required to deploy measures to obtain NIN from their clients within three months of lifting the lockdown.”