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Article

PenCom extends its pension enrolment deadline to December 31, 2026, after 79% of eligible federal workers failed to register.

Nairametrics Sep 16, 2026

TL;DR

The National Pension Commission (PenCom) extended the online verification deadline by five months from July 31 to December 31, 2026.

Only 31,099 out of an estimated 150,000 eligible federal employees in service prior to June 30, 2004, have successfully completed enrolment.

Intelligence

The exercise utilizes the digital Contributions and Bond Redemption Application (COBRA) to capture records and determine outstanding pension liabilities.

This low enrolment rate signals significant coordination gaps between federal ministries, departments, and agencies (MDAs) and their staff regarding legacy pension transitions.

Over the next five months leading to the December 31, 2026 deadline, Pension Fund Administrators (PFAs) and MDAs must aggressively scale up support to register the remaining 118,901 workers.

Failure to close this gap will delay the calculation of the Federal Government's outstanding pension liabilities and hinder the timely payout of retirement benefits.

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National Pension Commission Compliance requirement

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