Ekiti State Pension Commission

Vision:

• To be world-class Pension Commission committed to overall well-being of all workforce in the State from cradle to groove.

Our Mission

• To be an effective and efficient Pension Administration Regulator in Ekiti State.
• To promote a viable and sustainable pension industry.
• Ensure safety of pension assets.
• To guarantee fair returns on investment of retirees and;
• To eradicate post-retirement poverty among the pensioners.

1. The Commission shall regulate and supervise the Scheme.
2. Approve and maintain a list of approved PFAs, PFCs and other institutions relating to pension matters as the National Pension Commission.
3. Issue guidelines for the investment of pension funds.
4. Ensure maintenance of databank of pensioners in the state.
5. Carry out public awareness and education on the establishment and management of the scheme.
6. Receive, investigate and mitigate complaints of impropriety leveled against any PFA, PFC, or employer or any other staff or agent of any employee or former employee.
7. Liaise with the National Pension Commission from time to time.
8. Ensure payment of existing pensioners.
9. Promote and offer technical assistance in the application of the Contributory Pension Scheme by the State and Local Governments.
10. Perform such other duties which in the opinion of the Commission are necessary or expedient for the discharge of its functions.

The law provides that there shall be 4 (four) specialized departments in the Commission.

These are:

1. Administration
2. Technical and Inspectorates
3. Investment and Compliance; and
4. Finance and Accounts.

However, the following Units are placed under the direct supervision of the Permanent Secretary:

1. Audit
2. Information and Communication Technology (ICT); and
3. Information.