PenCom directs RSA holders to submit NIN, BVN

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Matthew Otoijagha

The National Pension Commission (PenCom) has directed all Retirement Savings Account (RSA) holders, both active and retired to approach their PFAs to provide their NINs and Bank Verification Numbers, as well as other mandatory biodata information.

A statement by the Head, Corporate Communications PenCom, Peter Aghahowa, noted that the directive is in line with the Federal Government mandate for every Nigerian to have a National Identification Number (NIN).

He noted that to achieve this, all data generating organizations have been directed to harmonize their databases with the National Identity Management Commission (NIMC), whose mandate it is to implement the National Identity System in Nigeria.

“To enable the Pension Industry comply, the National Pension Commission (PenCom) has directed all Pension Fund Administrators (PFAs), to update the records of their clients. Consequently, all Retirement Savings Account holders, both active and retired, are hereby advised to approach their PFAs to provide their NINs and Bank Verification Numbers, as well as other mandatory biodata information,” he said.

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