The National Pension Commission (PenCom) has designed, developed and deployed an Enhanced Contributor Registration System (ECRS), an electronic platform for the submission of requests by Pension Fund Administrators (PFAs) for the registration of contributors and issuance of Personal Identification Numbers (PINs).
A press release issued by PenCom explained that the ECRS provides a more dynamic and friendly user Interface and fully addresses the issues identified with the previous CRS. The ECRS has also been integrated with the National Identity Management Commission (NIMC) for authentication of the uniqueness of individuals seeking to register under the Contributory Pension Scheme (CPS).
The statement also indicated that the ECRS will greatly enhance the integrity of contributors’ data and also provide a platform for the following: i) Registration of Micro Pension Plan Participants and Cross Border individuals (i.e. participants living abroad and foreigners living in Nigeria wishing to participate in the CPS). ii) Electronic submission of employer code requests by Pension Fund Administrators (PFAs) or employers and the full automation of the process of issuing employer codes. iii) Updates and edits of contributors’ information on the National Databank maintained by the National Pension Commission by the PFAs.
PenCom also urged the Contributors are advised to visit their PFAs to provide their National Identification Number (NIN) and other information that may be required by the PFAs