DG, PenCom, Aisha Dahir-Umar
The National Pension Commission (PenCom) has issued employers (organizations) the 2023 Pension Clearance Certificates (PCCs) as at 30 April 2023.
According to the statement, a total of 10,160 organizations (employers) has reported gotten their clearance certificates to had remitted a total sum N52,544,441,976.21 into the Retirement Savings Accounts (RSAs) of their 172,131 employees, during the year 2022.
The Top employers on the list with over a billion naira remitted as pension contributions for their employees, are KPMG Professional Services, Sterling Bank Plc, Stanbic IBTC Bank Plc, Flour Mills of Nigeria Plc, Dangote Cement Plc, MTN Nigeria Communications Plc, Julius Berger Nigeria Plc, Kings Guard Nigeria Ltd and Nigerian Breweries Plc. Click here for the Full details and list of the employers who have been issued 2023 Pension Compliance Certificates as at 30 April 2023
Pension Compliance Certificates is a mandatory requirement for organizations transacting business with Federal Government Ministries, departments and Agencies (MDAs) and it is also a means of identifying responsible employers that are complying with the provisions of Pension Reform Act 2014.
Pension Compliance Certificate expires every 31 December; therefore, it must be renewed on yearly basis, the major requirement for pension compliance certificate is remittance of pension contribution and group life insurance policy for employees.
