Curbing the unfriendly practice of unremitted pension contributions
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 the employer and employee contribute…
FG flouting pension law by not remitting new minimum contribution rate
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…
PenCom recovers ₦553 million from defaulting employers, seeks EFCC assistance on non-remittance
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 Retirement Savings Accounts with their…
