HomeNewsPenCom Partners BPSR to Link IPPIS With Pension System

PenCom Partners BPSR to Link IPPIS With Pension System

Published on


KEY POINTS


  • Pre-retirement training could help reduce post service mortality rates.
  • The aim of integration is simplifying the manual processes and transparency.

The Bureau of Public Service Reforms (BPSR) and National Pension Commission (PenCom) are joining hands to integrate Nigeria’s pension management system with the Integrated Payroll and Personnel Information System (IPPIS) to help streamline pension disbursements and a smooth transition for retiring public servants.

BPSR announced this on Wednesday during a courtesy visit to PenCom in Abuja, where both agencies discussed pension reforms targeting gaps in administration.

Modernising pension management

Reforms to help tackle challenges in pensions management, according to BPSR Director General, Dasuki Arabi.

Arabi explained that before the establishment of PenCom in 2004, ‘the pension system could not manage a sustainable defined benefits scheme, which resulted in delays and arrears.’

BPSR made it happen, he noted, by way of advocating to have the Contributory Pension Scheme adopted in its current form which sees employees and employers contributing towards sustaining the scheme.

Deepening integration with the IPPIS

PenCom Director-General Omolola Oloworaran emphasized the need for continuous reforms in the pension system, as facilitated by the integration of IPPIS within it.

“IPPS was developed to also ensure that when public servants retire, they will effortlessly pass from salary payments to pension payments through an automated process,” he said.

This integration would automate documentation and improve efficiency as well as transparency of pension disbursement, she said.

Pre-retirement training

He also said that more than 40 percent of public workers die shortly after leaving service.

“Starting four years before exit, we need to start pre-retirement training to get workers to plan their post service careers” “It gives them a roadmap, by the time they retire.”

Other efforts to modernise, and integrate, pension management include the integration of IPPIS with the pension system and enhanced preretirement training so that pensioners enjoy a smooth transition from service into the post service period.

Latest articles

Uromi Killings: Yoruba Youth Leaders Condemn, Urge Action

As Yoruba youth leaders they denounce the Uromi killings while advocating for governmental countermeasures to stop Fulani herdsmen raids in southwestern Nigeria.

Kogi Commissioner Says Security To Decide The Arrest of Senator

Despite a government ban on public gatherings Senator Natasha conducted her event which led security forces to determine whether she should be arrested.

Senator Natasha Calls on Nigerians to Hold Akpabio, Bello Responsible for Her Safety

Key Points Akpoti-Uduaghan calls for accountability from Akpabio, Ododo, and Bello. Despite a ban,...

Nigeria Faces Surge in Meningitis Cases, Deaths

Nigeria is experiencing a meningitis outbreak with rising cases and deaths. The NCDC is urging vaccination and immediate medical attention.

More like this

Uromi Killings: Yoruba Youth Leaders Condemn, Urge Action

As Yoruba youth leaders they denounce the Uromi killings while advocating for governmental countermeasures to stop Fulani herdsmen raids in southwestern Nigeria.

Kogi Commissioner Says Security To Decide The Arrest of Senator

Despite a government ban on public gatherings Senator Natasha conducted her event which led security forces to determine whether she should be arrested.

Senator Natasha Calls on Nigerians to Hold Akpabio, Bello Responsible for Her Safety

Key Points Akpoti-Uduaghan calls for accountability from Akpabio, Ododo, and Bello. Despite a ban,...