Pension News

List of Organisations Issued Compliance Certificates as at 31 October 2022

The National Pension Commission (PenCom) has revealed that it has issued Pension Clearance Certificates (PCCs) to 25,699 organizations as at 31 October 2022.

The report released by PenCom further revealed that the 25,699 organizations had remitted a total sum N112,585,987,851 into the Retirement Savings Accounts (RSAs) of their 368,057 employees, during the year 2021.

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.

Check here for the Full details and list of all the employers issued Pension Compliance Certificates as at 31 October 2022.

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