PenCom extends pension verification to December

The National Pension Commission (PenCom) has extended the deadline for mandatory online verification and enrolment of Federal Government workers until December 31, 2026. This extension came after 118,901 eligible employees failed to complete the exercise, which began in February 2026 and was initially scheduled to end on July 31.

PenCom stated that only 31,099 employees had successfully completed the enrolment process, falling short of the estimated 150,000 active Federal Government employees entitled to pension rights. The extension was granted following requests from various Ministries, Departments and Agencies (MDAs) seeking more time for their employees to participate.

PenCom emphasized that completing the process was crucial for determining the Federal Government's outstanding pension liabilities and ensuring adequate budgetary provisions for their settlement. The exercise, conducted digitally through PenCom's Contributions and Bond Redemption Application (COBRA), aims to accurately determine and settle pension liabilities inherited from the Defined Benefit Scheme, which preceded the Contributory Pension Scheme in 2004.