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Career Tips

How to Get Job in National Pension Commission (PenCom)

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PenCom Recruitment – https://www.pencom.gov.ng

ABOUT PenCom : Before the Pension Reform Act 2004 was enacted, pension schemes in Nigeria had been faced with a lot of challenges. Before now, the Public Service in Nigeria operated an unfunded Defined Benefits Scheme and the payment of retirement benefits were budgeted annually. The annual budgetary allocation for pension was often one of the most vulnerable items in budget implementation in the light of resource constraints. In many cases, even where budgetary provisions were made, inadequate and untimely release of funds resulted in delays and accumulation of arrears of payment of pension rights. It was obvious therefore that the Defined Benefits Scheme could not be sustained.

See: How to Get Job in National Bureau Of Statistics (NBS)

In the private sector on the other hand, many employees were not covered by the pension schemes put in place by their employers and many of these schemes were not funded. Besides, where the schemes were funded, the management of the pension funds was full of malpractices between the fund managers and the Trustees of the pension funds.

This scenario necessitated a re-think of pension administration in Nigeria by the administration of President Olusegun Obasanjo. Accordingly, the administration initiated a pension reform in order to address and eliminate the problems associated with pension schemes in the country. The outcome of the reform was the enactment into law of the Pension Reform Act 2004.

Signing Into Law Of The pension Reform Act 2014

After 10 years of implementing the pension reforms in Nigeria, the Pension Reform Act 2014 was signed into law to address the challenges faced in the implementation processes. In addition, new provisions were made to particularly strengthen the powers of the Commission to resolve conflicts in addition to providing stiffer penalties for infractions. The PRA 2014 addressed the issues regarding pensions of political office holders and Professors as well as provided incentives for increasing coverage of the scheme through allowing contributors to use portion of the balances in their retirement savings accounts to make equity contribution towards owning a residential property

See Also: How to Get Job in Infrastructure Concession Regulatory Commission (ICRC)

In a nutshell, The National Pension Commission (PenCom) was established by the Pension Reform Act (PRA) 2014 and later PRA 2014 to ensure effective administration of the Nigerian Pension Industry. It has been empowered by the PRA 2014 to superintend on all pension matters in Nigeria including supervision and regulation of the Contributory Pension Scheme (CPS) and the old Defined Benefits (DB) Scheme as well as the Pension Transitional Arrangement Directorate (PTAD).

Power of The Commission

The Commission shall have the power to:

  1. Formulate, direct and oversee the overall policy on pension matters in Nigeria.
  2. Fix the terms and conditions of service including remuneration of the employees of the Commission.
  3. Request or call for information from any employer or pension fund administrator or custodian or any other person or institution on matters relating to retirement benefit.
  4. Charge and collect such fees, levy or penalties, as may be specified by the Commission.
  5. Establish and acquire offices and other premises for the use of the Commission in such locations as it may deem necessary for the proper performance of its functions under the Act.
  6. Establish standards, rules and regulations for the management of the pension funds under the Act.
  7. Investigate any pension fund administrator, custodian or other party involved in the management of pension funds.
  8. Impose administrative sanctions or fines on erring employers or pension fund administrators or custodians.
  9. Order the transfer of management or custody of all pension funds or assets being managed by a pension fund administrator or held by a custodian whose licence has been revoked under this Act or subject to insolvency proceedings to another pension fund administrator or custodian, as the case may be.
  10. Do such other things which in its opinion are necessary to ensure the efficient performance of the functions of the Commission under the Act.

Functions of The Commission

The Pension Reform Act 2004 established the National Pension Commission (PenCom) as the body to regulate, supervise and ensure the effective administration of pension matters in Nigeria.

The functions of the Commission include:

  1. Regulation and supervision of the Scheme established under the Act.
  2. Issuance of guidelines for the investment of pension funds.
  3. Approving, licensing, regulating and supervising pension fund administrators, custodians and other institutions relating to pension matters as the Commission may, from time to time, determine.
  4. Establishing standards, rules and guidelines for the management of the pension funds under the Act.
  5. Ensuring the maintenance of a National Data Bank on all pension matters.
  6. Carrying out public awareness and education on the establishment and management of the Scheme.
  7. Promoting capacity building and institutional strengthening of pension fund administrators and custodians.
  8. Receiving and investigating complaints of impropriety levelled against any pension fund administrator, custodian or employer or any of their staff or agents.
  9. Performing such other duties which, in the opinion of the Commission, are necessary or expedient for the discharge of its functions under the Act.

Objectives

The main objectives and features of the Pension Reform Act 2004 are:

  1. To ensure that every person who worked in either the Public Service of the Federation, Federal Capital Territory or Private Sector receives his retirement benefits as and when due;
  2. To assist individuals by ensuring that they save to cater for their livelihood during old age and thereby reducing old age poverty;
  3. To ensure that pensioners are not subjected to untold suffering due to inefficient and cumbersome process of pension payment;
  4. To establish a uniform set of rules, regulations and standards for the administration and payments of retirement benefits for the Public Service of the Federation, Federal Capital Territory and the Private Sector; and
  5. To stem the growth of outstanding pension liabilities.

The pension reform programme is governed by the key principles of sustainability, safety and security of benefits, transparency, accountability, equity, flexibility, inclusivity, uniformity and practicability.

Related Post: How to Get a Job in National Sugar Development Council (NSDC)

Mission

PenCom exists for the effective regulation and supervision of the Nigerian Pension Industry to ensure that retirement benefits are paid as and when due.

Vision

By 2019, to be a pension industry with 20 million contributors delivering measurable impact on the Economy.

National Pension Commission Recruitment and How to Apply Online

You can now apply for national pension commission jobs online. The official website to do that is the PenCom website – www.pencom.gov.ng. Kindly visit the site and follow the guideline there to apply.

Briefly, see the recruitment requirements, Academic qualifications, and guidelines on how to apply as well as other essential updates for this National Pension Commission job below.

Basic Requirements

  1. Applicant must have Excellent Communication skills.
  2. Minimum of B.Sc. Degree or H.N.D from a reputable institution.
  3. Minimum of Second Class Lower Division from any discipline.
  4. Must not be more than 30 years old -e. 27 years Less than 30 years.

Important Notice

  1. Use the job title as the subject of the mail.
  2. Applicants are to submit only ONE application as multiple applications may result in disqualification.
  3. Applicants will be responsible for applications submitted on any other Email address.
  4. Only candidates residing in Lagos will be shortlisted and contacted for an interview (Application not complying with this instruction shall be disqualified.)
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Career Tips

7 Mindsets of Successful People Which You Must Cultivate

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The population of the world is almost 10 billion. Can you imagine! More than 5 billion people aspire to succeed but only a few achieve success because of the mindset or mentality they have towards success. Do you want to be successful? You want to be the best doctor, engineer, politician…? It’s time you change your mindset about success. A popular quote by Colin Powell says

“No one ever drowns in his sweat. A dream doesn’t become reality through magic; it takes sweat determination and hard work”.

What are you doing now? Is it channeled to the success you’re dreaming of? Success is not a magic, it’s a hard work. However, in this post, I talked about success mindsets successful people have and definitely what you must have to achieve a successful life.

Also Read: How to Generate Leads for Your Business the Right Way

1. IT DEPENDS ON YOU

Success is not automatic. Success cannot be inherited even if you belong to the richest man on earth. Even God himself cannot make you succeed if you don’t want to succeed. George Lois said

“All growth depends on activity. There is no development physically or intellectually without effort and effort means work”.

The worst thing that can happen to you is to live an idle life waiting for success to emerge. Myles Munroe said

“The worst thing that can to any man is to die with his potential untapped”.

Trapped inside of you is tremendous hidden values waiting to be unleashed. Never take it back to the cemetery. You have potentials and you’re the only one that can release it. When you die with your potentials, you die with your forest and you fail your generation. However, it’s high time you left your comfort zone and rule the world with what you have. Think about how Bill Gates started. He didn’t finish university but today he’s one of the richest. You too can succeed if only you can discover yourself.

2. PEOPLE NEED YOU TO SURVIVE (YOU ARE CREATED TO SOLVE PROBLEMS)

Every individual born on earth has a mission and a problem to solve. People need you to survive and when you don’t succeed, they fail or probably, die. If you become a failure, you have failed your generation. Your purpose on earth is to make an impact. Don’t seize the opportunity to help others.

Had it been that Mark Zuckerberg gave up his pursuit to establish Facebook, so many businesses wouldn’t have existed online. Today, Facebook has more than 1.6 Billion users across the globe. Some bloggers and businessmen depend on Facebook to survive because it’s their major source of income.
Today, More than 1 Billion people cannot get information without Google. Had it been Larry Page and Sergy Brin gave up on Google; there wouldn’t have been the world largest search engine.

Sometimes we never know what we have until we lose it and become poor. Success is all about reaching out to the lives of people with what you have.
Problems arise every day. People create problems every day. But this is a question you must ask yourself

Are my here to create or solve problems?

It is either you create a problem and ruin people’s lives or you solve problems others have created.

3. YOU MUST BE READY TO SPEND

Don’t think that the journey to success is a “free trade area”. Success is not free. You must be willing and ready to spend both your money and your time. You must spend your money to buy books and other materials that can help you to succeed. Time also is very important. The must spend your time on things that are urgent, important and can add value to your life.

The life of Thomas Edison is a good replica. He was able to invest electric bulb because he spent most of his time reading, researching on how to produce an electric bulb.

What of the popular Pat Flynn of SmartPassiveIncome.com who spent time and money building his blog. He’s now one of the richest bloggers in the world
When you spend time and money on your passion, Success will never elude you.

4. KNOW THAT ITS GOING TO BE TOUGH (DON’T BE AFRAID TO FAIL)

Every success-minded person must be sentenced to hard labour. There must be obstacles. The journey to success contains ups and downs that may hinder your acceleration in life. Robert Schuler said

“Tough times never last but tough people do”.

We must be well assured that we must pass through tough times. However don’t be afraid to fail. Failure is never a destination; it’s just an outcome or result. Only cowards make failure a destination. Cowards die many times but the bold go through obstacles determined to succeed.

That you failed in your first attempt doesn’t mean you should give up.
Abraham Lincoln never gave up the pursuit of becoming the US president. He contested many times and failed. He knew that it was just a matter of time

The moment you stop trying is the moment you endow yourself a failure. Make up your mind to survive the quagmires of life. Difficult situations will never last. However, success is a gradual process. Don’t expect a success of a thousand years to come in a day or the time you wanted it.

John C. Maxwell said

“Problems will stop you temporarily, but only you can stop yourself permanently”.

When you meet hurdles and you think that there is no way out, then you have stopped yourself. Failure must come on our way but we shouldn’t allow it to dominate.

That you were not able to pass through a tough time simply means:

You have not worked hard enough; or
You have not spent time on it; or
You Isolated yourself; or
You have not read books; or
You have not met the right friends (connections).

Think about it. If you want to overcome a tough time, you must be ready to fight it.
Remember, mistakes are inevitable. Albert Einstein said

“A person who never makes a mistake is a person who has never tried something new”.

When you fail or make mistakes, it’s just the beginning of your success.

5. YOUR FRIENDS MAY LEAVE BUT KEEP MOVING

Friendship may not be permanent. Sometimes your friends leave you when they feel your dreams are difficult to achieve.

“Big dreams are always tough to achieve”.

Don’t be surprised, the friends you started with may not end up with you.

“Ten friends may not stay together for ten years”.

Even when you graduate from school, you may not see your classmates/course mates again. But don’t stop moving when your friends leave.

Not all the friends that started with Mark Zuckerberg ended up with him. Some left during his tough times, but it never discouraged him. Those who stayed with him are now millionaires.

The same thing happened to Thomas Edison when his fellow scientists quitted after they failed in the first 6000 times to produce an Electric Bulb. They left him, pitied him and tried to discourage him, but he said: “NO, I now know 6000 ways in which you cannot do it”.

Don’t stop moving, there is a brighter day ahead of you.

6. PEOPLE WILL CHALLENGE YOU (YOU MUST FACE COMPETITION)

Don’t rule out competition. Life is like a race where you have to compete with other people (and win) before you will be endowed the champion. People will challenge your ability to prove whether you are strong enough to succeed.
Through competition, you discover your strengths and weaknesses. Through competition, you dig out more treasures that are trapped inside of you. It instills in us the winning attitude – the power of victory and excellence.
However, take the challenge, bear the challenge, win the challenge and dominate your industry. Remember, champions are finishers.

7. PEOPLE WILL HATE YOU

You can’t just stop it. It’s natural that people hate when others succeed. When you become a newsmaker, there will always be noisemakers that will criticize your impact. This is a reason why you don’t need to share your dreams with everybody.

Dream killers will give you every reason why you will fail.
Dream thieves will make your dreams look inferior to you.

In other words, beware! “Dogs” are around you. They don’t like your success.
Now consider this

No position without opposition
You need necessary opposition to take up your necessary position
Only those that have future position will face present opposition.

When you have a powerful vision, you will encounter opposition. The higher you go in life, the more obstacles that come your way.

+ Bonus Tip: SUCCESS IS STUDIOUSNESS

The key to every great life is the ability to learn new things. Successful people are bookworms. They study and learn every day. The more you read, the more you add value to your life and the more you solve problems.

CONCLUSION

Make a research on how successful men achieved their success, the obstacles they faced, and the areas they failed and how they thrived. Compare them with your life and know whether you’re on the right track.
I believe this article has helped you grab the right mindset of success and channel your life towards success. Cheers!

NOW YOUR TURN

I believe you were inspired and motivated. Have you been able to get rid of the wrong mentality? Have you left your comfort zone? Tell us how you conquered a particular problem that tried to discourage you. Drop your comments below and inspire others to succeed.

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Career Tips

4 Excuses Poor People Give Which You Must Avoid

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Excuses have power but many people think it’s a part of life. Excuses have denied people of so many things they should have achieved. Sometimes if we fail to achieve something, we begin to blame people, or there is no money.

Excuses have made people live a mediocre life, have a negative mentality and make us believe that our big dreams are impossible to achieve.

It was very hard to believe that almost 30% of the population of Nigeria were poor and 60% average. This can be narrowed down to the excuses that have stopped them from moving forward. If you are reading this article and you discovered you are among the victims of excuses, then be well assured that you will end up blaming others for your failure in life.

Also Read: 9 Most Profitable Skills for Young Entrepreneurs

However, I scrutinized the lives of poor people and discovered many excuses that have made them remain poor or live an average life. However, in this article, I will marshal out 4 excuses poor people give.

1. I CAME FROM A POOR BACKGROUND

“I came from a poor background”. That’s one of the stupid excuses I hate to hear. Many poor people blame their parents for being poor. Some that are spiritually unintelligent will blame witchcrafts that operate in their father’s house. But the truth is no human being is behind your poverty.

You may be born into a poor family but that shouldn’t make you become poor. Many rich men like Dangote, Bill Gates and others didn’t allow their poor background to stop them from moving forward. If these rich men can make it, you too can make it if only you will forget about your poor background and strive to achieve your dreams.

2. I COULDN’T COMPLETE MY EDUCATION

Unable to complete your education can never stop you from becoming successful but the only thing that will hinder you is when you stop learning. People like Dangote and Bill Gates didn’t finish their education but they never stopped learning. Dropping out of school shouldn’t be the end of your world. Those who dropped out and became successful are really people who learned something in school.

The only way you can achieve all your dreams is to keep learning every day. That’s one of the keys to a successful life.

Related: 11 Ways To Build A Profitable Business In Nigeria

3. I HAD NO MONEY TO START A BUSINESS

Some poor people will tell you they couldn’t start up a business because there was no money.

But who said money is a prerequisite for starting up a business?

Actually, money is not the most important factor for starting a business in this 21st century. Many businesses today can be started from the comfort of your home without spending a dime. Money is just the secondary need, but the primary and most important is your passion, commitment and your ability to embrace new business ideas.

4. I COULDN’T GET A CONNECTION

“But, must you be connected to the richest man on earth for you to be successful?” Absolutely not.

There are so many successful and self-made billionaires and billionaire who rose from rags to riches. They struggled to make their own money without being connected to rich people.

If you are out there still waiting to meet rich people to start making money, then you are wasting your time. Start now to think of what you can do to make money. There are many businesses you can start today, choose the best you can do.

Bottom Line
Poor people are people who simply don’t take actions when they conceive a dream. They are people who have allowed procrastination and laziness to ruin their lives. And when they fail to achieve something, they start giving excuses.

The only way to escape this tragedy is to do what successful people do. Write your dreams, create a plan of action, and kick off your plan. Be committed and connect with people with like minds that will help you achieve your dreams.

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Career Tips

How to Get a Job in Nigerian Army (NA)

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Nigerian Army Recruitment –  www.nigerianarmyms.ng

As a patriot who is interested in serving your fatherland, here comes another golden opportunity to enlist in the Nigerian Army (NA). In a statement issued by the Nigerian Army, applicants must be Nigerians between the ages of 18 – 22 to join the Army as a member of 78 regular recruits’ intake for trades/non-tradesmen and women read.

About The Nigerian Army

The Nigerian Armed Forces, comprises majorly the Nigerian Army (NA) , The Nigerian Navy, and The Nigerian Airforce. Of these three, The Nigerian Army (NA) takes the largest share. It is the organ of the federal government of Nigeria which is responsible for warfare operations on land and handles nation’s territorial and internal security challenges. The Nigerian Army (NA) is governed by the Nigerian Army Council (NAC).

See: How to Get a Job in Nigerian Air Force (NAF)

Some of the successes of the Nigerian army include the inconclusive conquests of the Nigerian Civil War in 1970, suppression of internal aggression such as riots, upheavals, insurgencies like Boko haram, etc.

The Nigerian Army Recruitment

The Nigerian Army from time to time announces recruitment for the Trades/Non-tradesmen and women categories into the Nigerian Army (NA). You can now join the Nigerian army via these recruitment windows. So, read below to learn more about the eligibility, requirements, and how to apply for Nigeria Army recruitments below

Please, note that application for Nigeria Army recruitments for this yer is free and can only be processed at Nigeria Army recruitments portal – recruitment.army.mil.ng.

How To Apply For The Nigerian Army Recruitment

Applications are invited from eligible Nigerians for commission into the Nigerian Army (NA) as Short Service Combatant (SSC) Commission officers. The SSC is open to both civilians and serving military personnel. However, only serving military personnel sponsored by any of the Services of the Nigerian Armed Forces to civil institutions shall be considered.

The Nigerian Army 78 Regular Recruit Intake (78RRI Recruitment) for trades, non-tradesmen and women has commenced.

According to a statement on the security outfit’s website, the opportunity is available for Nigerians between the ages of 18 and 22.The application opened December 19 and will run till January 30, 2019.Name of shortlisted candidates for screening would be released on January 28, 2019, on the website.Shortlisted candidates are to report to their respective states of origin for the screening exercise on January 29, 2019.

See also: How to State a Crude Oil Business in Nigeria

The Nigerian Army Entry Requirement

All applicants for the Nigerian Army Recruitment for this year must satisfy the following conditions:

  1. Be a Nigerian as defined in the constitution of the Federal Republic of Nigeria.
  2. Be medically, mentally and physically fit according to NA Standards.
  3. Be recommended by at least 2 recognizable referees who must attest to the applicant’s character and integrity. Serving military personnel must be recommended by their commanding officers. Civilians could be recommended by a Local Government Chairman/Secretary or an officer of the Armed Forces not below the rank of a Lieutenant Colonel and equivalent or an Assistant Commissioner of Police and above who must hail from the state of the applicant. Passport photographs of referees must be affixed to the letter of attestation.
  4. Candidates must submit a Letter of Attestation from their former institutions.
  5. Must not have been convicted by any court of law. Military personnel must be free from any disciplinary case (This is to be endorsed by the Commanding Officer/Commander).
  6. Possess at least a first degree with not less than Second Class Lower Division or HND of not less than Lower Credit in the arts, sciences or humanities from any recognized institution of learning.
  7. Possess valid birth certificate endorsed by the National Population Commission, Hospital or Local Government Council or valid age declaration.
  8. Possess a valid certificate of state of origin.
  9. Applicants (other than serving members of the Armed Forces) must possess NYSC discharge certificate or a valid certificate of exemption as the case may be.
  10. Only academic credentials obtained from 2013 to date will be considered.
  11. Candidates must present contact addresses and telephone numbers of parent/guardians and Next of Kin.
  12. Candidates must not have any body inscriptions or tattoos.
  13. Candidates must tender all original copies of educational certificates (primary to post-secondary).
  14. Service personnel must present valid military identity cards and letters of recommendations by their Commanding Officers/Commanders. They must also present valid letter(s) of NA sponsorship in tertiary academic institutions.  Additionally, they must have served for a period of not less than 5 years in the unit.
  15. Candidates must not be members of any cult/society/fraternity.
  16. Measure at least 1.68m (for male) and 1.65m (for female) in height.
  17. Be a male or female between the ages of 23 and 27 by January 2019.

Conditions Of Service

SSC will be granted for 15 years. Ten years will be on active list renewable thereafter for a period not more than 5 years.  No extension shall be granted after the fifteenth year of commission except on conversion to regular combatant commission where applicable.

Related Post: How to Get a Job in National Sugar Development Council (NSDC)

  1. Officer Cadets who successfully complete the military training shall be granted the rank of second lieutenant.
  2. Conversion to regular combatant commission is not automatic. It is based on availability of vacancy and other criteria that are or will be in force from time to time.
  3. All graduating officer cadets must sign an acceptance on the terms and conditions governing the Short Service Combatant Commission before they are granted commission into the Nigerian Army.
  4. The reckonable period of service will be based on the date of commencement of cadet training of both civilian and military personnel entrants.

Method Of Application

See how to apply for the Nigerian Army Recruitment 2019/2020 below:

Applications are to be made online free of charge from the 19th of October 2018.

  1. How to apply:
    1. Log on to www.nigerianarmyms.ng to create an account.
    2. Read the qualification criteria.
    3. From the home page, select SSC application.
    4. On successful registration, you will receive an email notification containing your login details.
    5. Click on ‘Login’ to complete the application form.
    6. Ensure all required documents are uploaded:
      1. Passport photograph.
      2. Educational certificates.
      3. Evidence of membership of any professional body.
      4. Certificate of state of origin.
      5. Birth certificate or age declaration.
  2. Print Out.    Applicants must print out their online generated photo-slip on completion of their application. The first page is to be signed by a Court of Law while the second page is to be signed by the Local Government Chairman/Secretary or any military officer of the rank of Lieutenant Colonel or equivalent and above who hails from your state. Successful applicants would be required to present their printed photo-slips to the selection board during interview.

Most Read: How to Get a Job in Central Bank of Nigeria (CBN) – www.cbn.gov.ng

Further Information

For further information, you may call 08179269294 and 08109959294, or visit

www.army.mil.ng
Army Headquarters
Department of Military Secretary
Mambilla Barracks
Asokoro – Abuja

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