Unremitted Pension: 13 Employers Pay N56.5bn Penalties
Thirteen defaulting employers whose pension liabilities to their employees have been established have been made to pay N56.5 billion penalties by the National Pension Commission (PenCom), according to a report.
According to the commission, the money was paid following...
Only 9,103,653 Workers Have Pension Accounts - PenCom
Only 9,103,653 workers had Retirement Savings Accounts with Pension Fund Administrators as of the end of August.
The National Pension Commission disclosed this in its ‘Total RSA registrations as at 31 August 2020’ latest report obtained from on...