PenCom Cracks Down on Employers with Incomplete Pension Documentation
The National Pension Commission (PenCom) has issued a stern warning to employers failing to provide complete documentation for their employees’ pension contributions. In a press release, PenCom revealed that some…
Employers’ Checklist Under the Contributory Pension Scheme (CPS)
The Pension Reform Act (PRA) of 2014 established a ground-breaking rule for employers in the private and public sectors in an effort to safeguard the financial security of employees at…
Data Recapture: PenCom stops recapturing agents as contract expires
The National Pension Commission (PenCom) has announced the discontinuation of data recapture exercises by the two authorized agents, effective May 30, 2023. In a press release issued today, the pension…
PenCom Recovers N24.53 Billion from Defaulting Employers
The National Pension Commission (PenCom) has successfully retrieved a substantial sum of N24.53 billion in outstanding pension contributions owed by defaulting employers. The Director-General of PenCom, Mrs. Aisha Dahir-Umar, made…
PenCom issues disclaimer on Association of Pension Desk Practitioners of Nigeria (ASSOPEP)
The National Pension Commission (PenCom) has issued a disclaimer on the Association of Pension Desk Practitioners of Nigeria (ASSOPEP) which claims to help retirees resolve their pension issues and claim…
How to generate Employer Code (EC) from PenCom under the CPS
What is an Employer Code (EC)? An Employer Code (EC) is a unique identification alpha-numeric code that is issued to eligible employers who are duly registered with PenCom in order…
