The National Pension Commission (PenCom) has mandated that Retirement Savings Account (RSA) holders who are enrolled in the Contributory Pension Scheme (CPS) on or before July 1, 2019, must participate in the Data Recapture Exercise (DRE). This exercise, which covers active and retired RSA holders, commenced in August 2019.
The necessity for the DRE arose from the vital requirement to collect and maintain current, comprehensive, and accurate data of RSA holders. Additionally, the DRE aligns with the Federal Government’s directive for all data-generating organisations to harmonise their databases with the National Identity Management Commission (NIMC).
