The pension Industry, comprising of the National Pension Commission(PenCom) and the Pension Fund Administrators (PFAs) have sealed an arrangement with the National Identity Management Commission (NIMC) to fast-track the process of generating National Identity Number (NIN) for about 9.4 million Retirement Savings Account (RSA) holders in the country.
The arrangement, it was learnt, would allow the Pension Fund Administrators (PFAs) collect the necessary data of pension contributors on behalf of NIMC, transfer the data to PenCom, who will now submit the collected data to NIMC, thereby, making it easier for the Identity management Commission to generate NIN for pension contributors.
Since the inception of this arrangement, LEADERSHIP investigation revealed that the NIN registration process is now faster and easier for RSA holders, as more contributors continue to get their identity number on a daily basis.
The National Identity Number became a priority as it is now a key…
Source: Leadership Newspaper
