INTRODUCTION
POWER (Pensions Online
Workflow EnviRonment) is an integrated pensions
information system developed from the Pensions Management System
Modernisation Project. It constitutes every aspect of pension
management such as processing, approval, payment, accounting and
pension law and regulation enforcement, to ensure only those eligible receive
pension benefits or derivative benefits in the exact amount and
scheduled set. This system was implemented in stages from July 2003
and by October 2004 all officers in Pension Division were able to use
in system to perform their daily duties.
OBJECTIVE OF POWER SYSTEM
The four main objectives of POWER
System are to ensure that:
-
the initial/first pension is paid within a month of
eligible date;
-
gratuity and cash award in lieu of leave (GCR) is paid
on the date eligible;
-
monthly pension can be paid at the exact time; and
-
pension adjustment can be paid within a month of the
issuance of the circular on salary increase
POWER APPLICATION SYSTEM
POWER System contains five main application, as
follows: