Structure Of The Commision

The highest decision-making body in the National Pension Commission is the Board of the Commission. The Act establishing the Commission provides for a 13 (thirteen) member Board, comprising of a Chairman, a Director-General, four full-time Commissioners and seven part-time institutional representatives of different sectors of the Nigerian economy.

The Act also provides that there shall be 4 (four) specialized divisions in the Commission. These are:

• 1. Inspectorate
• 2. Technical
• 3. Administration
• 4. Finance and Investment

Each of these divisions is headed by a Commissioner. The Divisions are subdivided into Departments and Units for effective discharge of the mandate of the Commission.
The operational structure of the Director-General’s Office and each of the four Divisions is as follows:

The Director General’s Office has four Departments. These are:

• 1. Legal and Office of the Commission Secretary/Legal Adviser. This department has three Units:
  • Secretariat & Board Affairs
  • Legal Advisory Services
  • Litigation & Dispute Resolution
• 2. Internal Audit. This department has two Units:
  • Risk Assessment & Compliance
  • Prepayment & Special Audit
• 3. Corporate Affairs. This department has two Units:
  • Communication
  • Protocol & Liaison
• 4. Research & Corporate Strategy. This department has four Units:
  • Corporate Strategy
  • Research & Policy
  • Knowledge Management
  • SERVICOM

The Inspectorate Division has three Departments:

• 1. Surveillance Department. This department has three Units:
  • Authorization and Regulation
  • Off-Site Analysis
  • Inspection and Investigation
• 2. Enforcement and Resolution Department. This department has two Units:
  • Compliance
  • Enforcement
• 3. Public Sector Pensions Department. This department has two Units:
  • Pension Departments
  • State Pension Schemes

The Technical Division has three Departments:

• 1. Investment Supervision Department. This department has two Units:
  • Investment Monitoring
  • Market Analysis & Policy
• 2. Benefits & Insurance Department. This department has three Units
  • Insurance
  • Retirement Benefit Administration
  • Minimum Pension Guarantee
• 3. National Databank. This department has three Units:
  • National Database
  • RSA Transfer
  • Retirement Benefit Redemption

The Administration Division has three Departments:

• 1. Management Services Department. This department has two Units:
  • Facilities Management
  • Procurement
• 2. Information Technology Department. This department has three Units:
  • Business Systems and Support
  • Infrastructural Services
  • Database Management
• 3. Human Capital Department. This Department has three Units:
  • Internal Manpower Development
  • External Manpower Development
  • Human Resource

The Finance and Investment Division has two departments:

• 1. Finance Department: This department has three Units:
  • Treasury and Investment
  • Budget & Payroll
  • General Accounts
• 2. Contributions Remittance. This department has two Units:
  • Contributor Records
  • Computation & Remittance

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