Connect with us

latest

BPSR And PenCom Drive Efforts To Simplify Pensions With IPPIS Integration

Published

on

BPSR And PenCom Drive Efforts To Simplify Pensions With IPPIS IntegrationThe Bureau of Public Service Reforms (BPSR) and the National Pension Commission (PenCom) have announced efforts to enhance pension management and facilitate a smoother transition for retiring public servants. This initiative was highlighted during BPSR’s recent courtesy visit to PenCom in Abuja on Wednesday.....KINDLY READ THE FULL STORY HERE▶

Both agencies discussed addressing gaps in the pension system by integrating PenCom’s pension system with the Integrated Payroll and Personnel Information System (IPPIS), a government initiative designed to streamline personnel and payroll data management.

A statement from BPSR’s spokesman, Aliyu Umar, noted that the Director-General of BPSR, Dasuki Arabi, stressed the significance of ongoing reforms within Nigeria’s pension system.

“The management of retirees’ pensions within the National Pension Commission’s scope is sensitive and complex,” Arabi said.

He further outlined the challenges faced by the pension system before the establishment of PenCom in 2004, particularly the outdated defined benefits scheme that led to delays and the build-up of pension arrears.

Arabi highlighted BPSR’s advocacy for the adoption of the Contributory Pension Scheme (CPS), which replaced the former system.

“The CPS ensures that both employees and employers contribute to pension funds, promoting a more sustainable pension framework,” he explained.

BPSR has also been active in organizing forums and discussions to address emerging challenges in the pension sector.

PenCom’s Director-General, Omolola Oloworaran, emphasized the need for continuous reform to tackle new challenges in pension management, particularly in disbursements and technology integration.

“We are encountering fresh issues in pension administration and management,” she said, highlighting the evolving demands of the sector.

Oloworaran noted that IPPIS has streamlined the transition of retirees from salary to pension, reducing bureaucratic delays.

“How can we further deepen the integration of IPPIS with our pension system? As we developed IPPIS, we ensured a mechanism that allows for automatic and electronic transitions from salary payments to pensions,” Oloworaran stated.

She also advocated for a comprehensive approach to pre-retirement training for civil servants, citing data showing that over 40% of public servants pass away shortly after retirement.

“We need to address this issue by preparing civil servants years in advance of retirement, ensuring they have pathways and skills to transition smoothly into post-service life,” she added.

Oloworaran concluded that bridging this gap is essential to building a more resilient pension system.

 

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

latest

Guns Blazing In Kano: Police And Bandits Face Off In Intense Showdown!.

Published

on

.....KINDLY READ THE FULL STORY HERE▶

  • Highway Attack and Rescue: The Kano State Command of the Nigeria Police Force successfully rescued 10 passengers who were abducted by suspected bandits along the Jos-Kano highway in Doguwa Local Government Area, while efforts continue to free three remaining captives.

    • Incident Details: According to Police Public Relations Officer SP Abdullahi Kiyawa, five armed men wielding machetes and a firearm intercepted a Toyota Hiace bus traveling from Jos to Kano around 5:30 pm on Sunday, July 26, abducting 13 out of the 20 passengers.

    • Police Response and Shootout: Following a report to the Doguwa Division DPO, tactical operatives arrived at the Folgore Forest axis, engaged the attackers in a gun battle, and forced them to retreat, leading to the immediate rescue of nine victims alongside one who later escaped.

    • Medical Attention and Manhunt: The rescued individuals were treated at Doguwa General Hospital and found to be in stable condition, while the command deployed extra tactical teams and intensified intelligence-led operations to track down the fleeing suspects and rescue the remaining three victims.

    • Commissioner’s Commendation: Kano State Commissioner of Police Ibrahim Bakori praised the public for providing timely information, reassured residents of the command’s dedication to safety, and urged citizens to remain vigilant and report suspicious activities.

Continue Reading

latest

The Midnight Operation: Sam Amadi Drops Bombshell On How Yar’adua’s Body Was Smuggled Into Nigeria!.

Published

on

  • Claims on Yar’Adua’s Death: Sam Amadi, Director of the Abuja School of Social and Political Thoughts, asserted that former President Umaru Musa Yar’Adua’s body was secretly transported back to Nigeria from Saudi Arabia prior to the public announcement of his death.....KINDLY READ THE FULL STORY HERE▶

    • Arise Television Interview: Amadi made these remarks on Tuesday during an Arise Television interview while addressing the lack of transparency surrounding past Nigerian leaders’ deaths and the difficulties in investigating historical facts.

    • Secrecy in Government: He noted that officials were reluctant to share accurate details about Yar’Adua’s health condition, treating the matter as a taboo while he served as a Special Adviser in government.

    • Delegation to Saudi Arabia: According to Amadi, senior government officials, including Ojo Maduekwe, traveled to Saudi Arabia to check on the president who was trapped there under heavy secrecy.

    • Midnight Return: Amadi alleged that citizens only learned of the situation late at night when the corpse was smuggled into the country, paving the way for Goodluck Jonathan to become president.

Continue Reading

latest

Why Air Your Dirty Linen? Ayekooto Fires Back At Aisha Yesufu Over Controversial Comments On Peter Obi!.

Published

on

  • Reactions to Peter Obi’s Interview: APC chieftain Ayekooto Akindele responded to Aisha Yesufu’s recent criticism of an interview granted by Nigerian Democratic Congress (NDC) presidential candidate Peter Obi to Channels TV host Seun Akinbaloye.....KINDLY READ THE FULL STORY HERE▶

    • Yesufu’s Grievances: Yesufu had stated on Monday that she regretted watching the session because it featured no new questions or unfamiliar remarks from the former Anambra State governor.

    • Ayekooto’s Allegations: In a Facebook post, Ayekooto claimed Yesufu’s frustration stemmed from her defeat in the NDC FCT senatorial primary and was worsened by the centralization of the campaign purse, which Obi had not criticized.

    • Public vs. Private Counsel: Ayekooto questioned why Yesufu chose to publicly criticize her political ally on social media instead of offering advice during strategic or private meetings, suggesting that losing her influence within their inner circle prompted the public outburst.

Continue Reading

Trending