List of Organisations Issued Compliance Certificates as at 31 January 2023
The National Pension Commission (PenCom) has disclosed the list of the first set of employers (organizations) that have received Pension Clearance Certificates (PCCs) for the year 2023.
The list revealed that PenCom has issued PCC to 738 organizations as at 31 January 2023, the report further revealed that the 738 organizations had remitted a total sum N78,300,358,512.01 into the Retirement Savings Accounts (RSAs) of their 44,441 employees, during the year 2022.
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.
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.
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