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 POWER SYSTEM

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: