The purpose of this article is to provide you with all the pertinent pieces of information about PENCOM’s 2023 Recruitment, more especially, the Application closing date.
This is a result of the great demand from our esteemed readers who would love to know more about the PENCOM Recruitment for 2023 and the Application closing date for the exercise.
In this article, we are also going to outline, in detail, the Application requirements and how you can go about the application process for the PENCOM Recruitment for 2023.
As PENCOM is a highly competitive government body to land employment in, we kindly request your undivided attention as you read through the whole length of the article to ensure that you do not miss any important details.
However, before diving into that, we are going to first of all look at what kind of governmental body PENCOM is, what their duties are, and the core responsibilities owed by the parastatal to the Nigerian civil society.
What Is PENCOM?
PENCOM is an acronym that stands for National Pension Commission.
Before the enforcement of the Pensions Reform Act in 2004, the Nigerian Pension System had been filled with numerous challenges.
These challenges often led to the late payment of pensions to deserving pensioners as the regulatory body usually complained of insufficient budgetary allowance on a federal scale.
In addition to inadequate pension allowances, there was also the issue of delays in the distribution of the allocated funds that were due to be paid to pensioners leading to various arrears that were owed as pension rights.
Conversely, in the private sector, several employees were not catered for by the pension schemes that were put in place by their employers due to insufficient funding and other forms of mismanagement.
Where the pension schemes were funded, there were always cases of various financial malpractices commonly carried out between the employers (fund managers) and the Pension Trustees.
As a result of the above-stated reasons, there was a reconsideration of the Nigerian Pension Ecosystem by the then-Nigerian President, President Olusegun Obasanjo.
This reconsideration led to the administration’s creation of pension reform in order to curb the eliminate the various challenges that were faced by the Pension Schemes at the time.
This resulted in the enactment of the Pension Reform Act into Law in 2004
PENCOM Recruitment Requirements
If you intend to apply for PENCOM’s Recruitment Exercise in 2023, you have to first know what the requirements are before you can go ahead and begin your application process.
It is compulsory that you meet all the statutory requirements laid out by the commission for you to be found eligible to apply for the Recruitment Exercise.
To be found eligible to apply for PENCOM 2023 Recruitment, you must meet the following requirements:
It is compulsory that all applicants must be Nigerian citizens by birth.
To be found eligible to apply, you must not be less than 18 years old or more than 40 years of age at the time of application.
You must be medically and physically fit and no hard drugs or narcotics must be found in your system when you are tested for such.
You must possess a minimum of five (5) O’Level credits in the West African Senior School Certificate Examination (WASSCE), General Certificate of Education (GCE), or National Examinations Council (NECO). However, note that possession of a credit in the English Language is compulsory for all candidates.
Possession of an HND, B.Sc, or National Diploma Certificate from a related discipline from a government-approved and recognized higher institution of learning will be an added advantage.
Possession of a valid means of identification is also compulsory if one must be considered during the course of the selection for the PENCOM 2023 Recruitment. Recognized documents of identification include either of a National Identification Card, a valid driver’s license, a voters card, or an international passport.
As mentioned earlier, possession of all the requirements listed is compulsory if you must be found eligible for the Recruitment Exercise.
However, if you are in possession of the above-listed requirements, congratulations, as you are one step away from successfully applying for the PENCOM 2023 Recruitment Exercise.
PENCOM Recruitment Application Closing Date for 2023/2024
Now, to the question of the closing date for the PENCOM 2023 Recruitment Exercise.
A lot of readers are quite keen on knowing when the Application Closing date for PENCOM 2023 Recruitment is.
Kindly be notified that the National Pension Commission (PENCOM) Recruitment exercise for 2023 has not yet commenced and as such, the Application Closing date is also not yet known.
However, in due course, we are going to update our blog whenever there is fresh information to that effect so keep checking regularly for new updates.
The main purpose of putting up this article is to provide you with up-to-date information about the Application closing date for the PENCOM Recruitment Exercise for 2023.
We have also shed light on a brief history of PENCOM and the duties they carry out in Nigerian society.
Although the PENCOM 2023 Recruitment Exercise is not currently ongoing, you are kindly advised to keep close tabs on our blog as we shall surely post any new updates that come up.
Also, the National Pension Commission (PENCOM) has strongly advised against paying money to fraudulent agents who claim that they can help you get employed at PENCOM as no payment is required throughout the PENCOM Recruitment Process.