Directorate commences validation exercise for Pencom verified parastatals NOKs

dimeji akinloye

February 16, 2016 11:48 PM

According to PTAD, this exercise is only for NOKs under parastatals already verified by PenCom.

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The NOK validation exercise will hold from Thursday, February, 18 to Saturday February 20, 2016, in six centres in five states (Gombe, Kaduna, Enugu, Lagos and Edo) and Abuja, covering the geo-political zones of the Federal Republic of Nigeria.

This set is expected to come with the following documents; PenCom Verification Slip, Valid and proper means of Identification, Bank Account Number (NUBAN), Bank Verification Number (BVN), 1 Colored Passport Photograph.

In addition, families of NOKs who are now deceased should attend the exercise with the following documents; Death Certificate of the deceased from a government recognized hospital and letter of Administration.

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Sick and infirm NOKs have been directed to call PTAD's toll-free telephone number 0800-CALL-PTAD (0800-2255-7823) before the commencement date for any special arrangements.

PTAD is exercising due diligence by validating the NOK records before making payment to them, in view of the time lapse between Pencom’s revalidation exercise and the payment period.

The Directorate is an agency created by the Federal Government of Nigeria under the Pension Reform Act 2014, to manage and administer pensions under the Defined Benefit Scheme (DBS).

It will be recalled that PenCom had, after verifying the NOKs in 2008 and revalidating them in 2011, PenCom transferred the Data to PTAD in 2014 to conclude the process of payment to the NOKs.

The validation exercise will enable PTAD reconfirm the existence of the NOKs, update their information and obtain active bank accounts for payment of benefits.

The EFCC and other law enforcement agencies will be present at the validation centres.

dimeji akinloye