The National Pension Commission (PenCom) mandated Retirement Savings Account (RSA) holders who joined the Contributory Pension Scheme (CPS) on or before July 1, 2019, to undergo the Data Recapture Exercise (DRE).
The exercise, which covers active and retired RSA holders, commenced in August 2019.
The DRE became expedient because of the need to obtain RSA holders’ current, complete, and accurate data. Also, the DRE complies with the Federal Government’s directive that all data-generating organisations should harmonize their databases with the National Identity Management Commission (NIMC).
