List of Organisations Issued Compliance Certificates as at 31 July 2022
The National Pension Commission (PenCom) has revealed that it has issued Pension Clearance Certificates (PCCs) to 23,270 organizations as at 31 July 2022.
The report released by PenCom further revealed that the 23,270 organizations had remitted a total sum N120,739,998,413.77 into the Retirement Savings Accounts (RSAs) of their 334,459 employees, during the year 2021.
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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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