Processing of retirement benefits involves the following steps:
- Creation of Retirement Plans by the respective Vote immediately an employee is recruited and accessed on the salary payroll;
- Submission of PSF 18, a bank form and bank statement Six months prior to retirement by the prospective retiring officer;
- Creation of a Retirement Request by the Human Resource at Vote on behalf of the retiring officer;
- Approval and authorization of transaction on the system by the PS/ MoPS;
- Validation and Approval of Retirement Request by the Vote’s Responsible Officer;
- Verification and Validation of Retirement requests by the HR at Ministry of Public Service;
- Approval of Retirement Requests by the Commissioner HRP at Ministry of Public Service;
- Computation of benefits by Assessment Officers at Ministry of Public Service;
- Auditing transactions by Auditors at the Ministry of Public;
- Authorization of computed benefits by the Commissioner/ Compensation at MoPS;
- Calculation of Pension payroll and transmission of payment details for eventual payment through IFMS;
Note: With full decentralization coming, all these steps would be concluded at the respective votes except for the calculation which will remain at the Pension Authority, the Ministry of Public Service.