PenCom Engagements with State Governments to ensure Retirees receive Pension as and when due Q22022

October 5, 2022 PensionNigeria

The National Pension Commission (PenCom) can not force or mandate State governments to implement credible pension systems but PenCom have different ways they engage with State Government to ensure retires receive their pension as and when due.

Below are some of the engagements PenCom had with State Government and their agencies;

Inspections of Pension Arrangements in Ekiti, Ondo, Edo and Benue States

The Commission conducted the routine inspections of the pension arrangements in Ekiti, Ondo and Edo States and the maiden inspection of the Benue State Pension Commission. The inspections were compliance based and were aimed at assessing the level of implementation of the CPS as well as the administration of the Defined Benefits Schemes (DBS) in the States.

Capacity Building Workshops for Ondo State Pension Commission

PenCom South-West Zonal Office (SWZO) conducted a capacity building programme for Five (5) officials of the Ondo State Pension Commission. The two-day training programme was conducted between 25 and 26 April 2022 at the SWZO in Lagos, to equip the participants with the requisite knowledge and skills required to support the implementation of the CPS in the State. The programme covered the following areas:
i. Salient issues in the implementation of the CPS by Ondo State.
ii. Recent developments in the implementation of the CPS.
iii. Hands-on session on the preparation of error-free Pension Contribution Schedules.

Public Hearing on Plateau State CPS Bill

The Plateau State House of Assembly conducted a Public Hearing on the State’s CPS Bill on 28 April 2022. Twelve (12) stakeholders (including representatives of MDAs and Labour Unions in Plateau State) made presentations at the Public Hearing. Four (4) of them were in support of the Bill, Six (6) were against it, while the other Two (2) suggested that the CPS should be made voluntary.

Update on Implementation of the CPS in Bayelsa State

The Technical Committee set-up by the Bayelsa State Government on the implementation of the CPS submitted its reports to the State Governor. The report indicated that the State intends to commence implementation of the CPS by first quarter 2023. Consequently, the State had amended its Pension Law but was yet to forward a copy to the Commission for review and inputs.

Emerging Issues with the Implementation of the CPS in Kaduna State

The Kaduna State Pension Bureau on 26 April 2022, met with representatives of the four (4) Pension Fund Administrators (PFAs) controlling a majority of the employees’ RSAs in the State. Following the meeting, the PFAs informed the Commission that the State intends to implement a Hybrid Pension Arrangement and that the State would amend its CPS Law, accordingly.

Sensitization for the Newly Inducted Employees of the Bwari Area Council of the Federal Capital Territory (FCT)

The Commission participated at the induction/orientation programme for new employees of the Bwari Area Council of the FCT on 30 May 2022. A paper on the Overview of the Contributory Pension Scheme was presented, which emphasized the need for the employees to take their destinies in their hands by ensuring that they open Retirement Savings Accounts immediately and to closely monitor the monthly remittance of pension contributions into their respective RSAs by their employer.

Engagement with Kano State on Micro Pension Plan (MPP).

PenCom North-West Zonal Office (NWZO) held a meeting with the Honorable Commissioner, Kano State Ministry of Commerce, Industry, Cooperatives and Solid Minerals on the Micro Pension Plan (MPP). The meeting discussed the importance of enlightening the registered informal sector associations in Kano State on the MPP.

Engagement of Key Stakeholders in Kwara State

PenCom North-Central Zonal Office (NCZO) engaged key stakeholders in Kwara State, including the newly appointed Permanent Secretary, Ministry of Establishment, Pension and Trainings, the Executives of the Nigeria Labour Congress (NLC) and the Ag. Chairman, Trade Union Congress (TUC) and solicited their support towards implementing the CPS in the State.

Engagement with Anambra State Post Primary Schools Service Commission (PSSC)

A meeting was held with the Director of Administration and Public Relations Officer of the PSSC, following various complaints from employees. Tracing the issue to knowledge gap on the CPS, PenCom South – East Zonal Office (SEZO) made arrangements to carry out an enlightenment programme on the workings of the CPS for the employees.

Courtesy visit to the National Orientation Agency (NOA) Awka, Anambra State

The Courtesy visit which held on 5 May 2022 was a follow up on the discussion between the Head, South – East Zonal Office (SEZO) and the Head, NOA, Anambra State branch on the challenges faced by employees of the NOA. The SEZO thereafter conducted a sensitization programme on the CPS for staff of the Agency in Anambra State.

Familiarization visit to the Anambra State Local Government Employees Pensions Board (LGEPB), Awka, Anambra State:

The familiarization visit which held on 5 May 2022 was part of efforts by the PenCom South – East Zonal Office (SEZO) to engage relevant stakeholders in order to resolve some of the grievances of the Local Government employees in the State.

Meeting between PenCom South – East Zonal Office (SEZO) and the Secretary to Anambra State Local Government Staff Pensions Awka, Anambra State:

A delegation from SEZO visited the Secretary, Anambra State Local Government Pension Board (LGSPB) on 10 May 2022 to discuss some of the challenges facing the Local Government employees across the State with a view to finding lasting solution to their agitation.

Courtesy call on the National Identity Management Commission, Awka, Anambra State:

A delegation from PenCom South – East Zonal Office (SEZO) visited the National Identity Management Commission (NIMC) on 15 June 2022 following complaints received by SEZO from stakeholders regarding the provision of the National Identification Number (NIN) for RSA registration and update of records.

Meeting between the SEZO and the Anambra State Governor’s Deputy Chief of Staff:

On 25 May 2022, the SEZO met with the State Governor’s Deputy Chief of Staff. The discussions focused on providing useful solutions to the State’s challenges with gratuity and pension.

Familiarization visits to Nigeria Immigration Service (NIS), Calabar

PenCom South-South Zonal Office (SSZO) carried out a familiarization visit to the Nigeria Immigration Service (NIS), Calabar on 8 April 2022, to address the knowledge gap on the workings of the CPS.

Familiarization visits to NAFDAC

PenCom South-South Zonal Office (SSZO) also paid a familiarization visit to the National Agency for Food and Drugs Administration and Control (NAFDAC) on 13 April 2022 in Calabar. The Commission presented a paper on the Overview of the CPS and recent developments in the Pension Industry.

Familiarization visits to Federal Neuro Psychiatric Hospital, Calabar

PenCom South-South Zonal Office (SSZO) also visited the Federal Neuro Psychiatric Hospital Calabar on 8 April 2022. The visit was as a result of the myriad of complaints received from employees of the hospital on the CPS which were mostly due to knowledge gap on the workings of the CPS.

Check below for PensionNigeria breakdown of all the important aspects of the PenCom 2nd Quarter 2022 Report

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DONT MISS our 2nd Quarter 2022 Report Series

PenCom 2nd Quarter 2022 Report Executive Summary
Analysis of Pension Operating Environment Q2 2022
Performance of all PFAs in Nigeria for January to June 2022 (Year to Date)
Micro Pension Return on Investment (ROI) for January to June 2022 for all PFAs in Nigeria (Year to Date)
Update on RSA Transfer System (RTS) 2nd Quarter 2022
List of Organisations Issued Compliance Certificates as at 30 June 2022
Status of Contributory Pension Assets as at June 2022
Status of Implementation of CPS in States as at 30 June 2022
Micro Pension Registrations per PFA & Fastest Growing PFAs as at 30 June 2022
Appointment & Resignation of Pension Operators’ Board Members and Top Management Q2 2022
PFAs’ Total Shareholders’ Fund now ₦211.26 Billion
Update on NSITF & Refund of Pension Contribution to Military & SSS Q2 2022
Recovery Agents recover ₦22.13 billion from Defaulting Employers as PenCom receives 89 complaints
Lagos State committed to ₦2 billion Monthly to clear Outstanding Accrued Rights of its Retirees, this is how the State has performed
PenCom refunds N4.27 Billion as Zamfara State withdraws from Contributory Pension Scheme, what lies ahead for Retirees
PenCom Engagements with State Governments to ensure Retirees receive Pension as and when due Q22022
Micro Pension Contribution per PFA Q2 2022
RSA Registration Age and Gender Breakdown Q2 2022
Update on the Micro Pension Plan Q2 2022
Biggest PFAs & Fastest Growing PFAs by RSA Registrations 30 June 2022
PenCom approved over N1.58 Trillion for PFAs to pay RSA Holders as at June 2022

Also Check out
Performance of all PFAs in Nigeria for Full Year 2021

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