The National Pension Commission is set to organise verification and enrollment exercise for employees in the service of the Federal Government that are due for retirement between January and December 2015, having attained 65 or 70 years of age, for employees of tertiary institutions.

The University Registrar, Mr. Mathew Ayoola, said that the exercise was in line with the provisions of Section 12 of the Pension Reform Act 2004 and part of the implementation process for the issuance of the Federal Government Retirement Bond. Members of the University community, who are due for retirement between January and December 2015, have been requested to submit their data to the Senior Assistant Registrar (Pension), Pension Unit, to enable them participate in the Retirement Benefit Enrollment Exercise, to be held this year.

The exercise, which is held once in a year also covers employees, who intend to retire; withdraw their services from the University between January and December 2015; and those that retired voluntarily or withdrawn their service from the University but are yet to be enrolled by the Commission. The Registrar enjoined the would-be participants to utilise the opportunity of the exercise to enroll, so as to get their benefits.