Pension remittance Archives

Curbing the unfriendly practice of unremitted pension contributions

PensionTalk
June 12, 2022
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PensionTalk A key feature of the Contributory Pension Scheme is the joint contributions of monthly pension deductions and remittances. The contributory feature means that both […]

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FG flouting pension law by not remitting new minimum contribution rate

PensionTalk
June 23, 2021
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Seven years after the Federal Government amended the Pension Reform Act (PRA) which requires employers to remit 18% of workers’ monthly earnings into RSAs of their workers, the government has yet to comply with its own law completely.

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PenCom recovers ₦553 million from defaulting employers, seeks EFCC assistance on non-remittance

PensionTalk
March 11, 2021
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The National Pension Commission (PenCom) has said it recovered ₦553.03m from defaulting employers who deducted their workers monthly emoluments but failed to remit to their […]

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