Why public servants have less than a month to update pension records
“By updating their records, public servants will enable quicker processing of retirement benefits, reduce administrative delays, improve data integrity, allow members to access pension services seamlessly through digital channels and ensure that the right benefits reach the right beneficiaries at the right time,” he said.
The exercise is expected to streamline pension administration and accelerate the processing of retirement benefits supported by a new Pension Administration System (PAS), a digital platform developed by PSSF to deliver faster, more transparent and more efficient pension services.
Under the new system, members can access their pension statements in real time, monitor contributions, view projected retirement benefits, update beneficiary nominations and personal details and initiate and track pension claims remotely.
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