ThisDay· 56m ago· 1 min read
Planning for retirement is a lifelong commitment, and maintaining accurate pension records is an essential part of that journey. To ensure that Retirement Savings Account (RSA) holders have complete, accurate, and up-to-date records, the National Pension Commission (PenCom) introduced the Data Recapture Exercise (DRE) for contributors who opened their RSAs before the Enhanced Contributor Registration System (ECRS) was introduced on 1 July 2019.
The Data Recapture Exercise enables eligible contributors to verify and update their biodata such as names, phone numbers, email addresses, dates of birth, employment records, and next-of-kin details. It also incorporates biometric capture and validation with the National Identity Management Commission (NIMC) database through the National Identification Number (NIN), providing a more secure and reliable identity verification process. The…
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