#AiicoPension Managers Limited hosts North Central Pension Desk Officers & Retiree Forum

In line with AIICO Pension Managers Limited’s plan to improve the quality of its services, and to continuously keep our clients up-to-date with information, an enlightenment forum was organized for our esteemed Pension Desk Officers (PDOs) in Abuja on the 16th of September, 2015.  Our esteemed PDOs from organisations in and around the Abuja axis were invited and the level of participation by way of Q & A and the feedback received gave credence to the quality of enlightenment received by participants.  

 

The Managing Director of AIICO Pension Managers Limited (APML) Mr.EguarekhideLonge, welcomed participants to the forum and stated that the event was organized as part of APML’s resolve to continuously satisfy and respond to the yearnings of our clients, especially the PDOs who are the drivers of the Contributory Pension Scheme (CPS) processes in their various organizations.  According to the MD, part of the reason why this Forum was organized is to engage the PDOs on the challenges they face in discharging their duties and also to ensure that both the PDOs and APML are on the same page.

Participants were enlightened on various issues including the use of the Electronic Pension Contribution Collection System (EPCCOS) for seamless remittance of pension contributions, updates on the Benefit Administration processes; updates on new guidelines issued by PenCom and general challenges encountered by PDOs and RSA holders.

Barr. Ezon, the PDO at the Nigerian Security & Civil Defence Corps, on behalf of other PDO's thanked the management of APML for putting the forum together and promised to ensure that all that was discussed and explanations proffered will impact on their respective jobs as PDOs and to the satisfaction of the pension industry.

The RETIREE Forum commenced immediately after the PDO Forum with the welcome address from the Managing Director.

Participants were enlightened on 3 key areas: MANAGING YOUR FINANCES AFTER RETIREMENT, which touched on different investment opportunities retirees can take advantage of to enable their investments work and yield returns for them at retirement; RETIREMENT AND YOUR HEALTH, which enumerated the human life cycle from an individual’s working life to the point of retirement from active service and life in retirement. The importance of healthy living habits was extensively discussed, including eating right, performing light body exercise, taking time out to rest and subjecting oneself to routine medical check-ups; RETIRING THE AIICO PENSION WAY aimed at educating participants on the two available retirement benefit financial plans (Programmed Withdrawal and Annuity) approved by the National Pension Commission and National Insurance Commission. This was necessitated by the feedback received from clients.

The event came to a close with a prayer from Mr. Anube a Retiree from Police Service Commission from Benue State. APML’s Regional Controller (North), Mr. Sani Mustapha, gave the vote of thanks and closing remarks.

AIICO Pension Managers Limitedis a licensed pension fund administrator with over 40 locations spread across Nigeria.APML is managed by seasoned and well-tested executives with vast experience in Pension Administration, Risk Management, Banking, Capital Market and Asset Management.www.aiicopension.com