Tuesday, September 16, 2025
Home Uncategorized PENCOM WARNS EMPLOYERS AND COMPANIES AGAINST TOUT TO OBTAIN PENSION CLEARANCE.

PENCOM WARNS EMPLOYERS AND COMPANIES AGAINST TOUT TO OBTAIN PENSION CLEARANCE.

The National Pension Commission has banned employers and companies from using touts and agents to obtain Pension Clearance Certificate from the commission.

PenCom said it is illegal and a contravention of the provisions of the Pensions Reform Act of 2014 for employers of labour and companies to employ the services of touts and agents.

In a notice to employers and companies made available to Global Television, the Commission says, “The attention of the National Pension Commission has been drawn to an increase in the use of touts and agents by employers and companies seeking to obtain Pension Clearance Certificates.

“The use of touts and agents to obtain Pension Clearance Certificate is illegal and contrary to the provisions of Section 104(b)&(c) of the Pension Reform Act 2014. The Commission strongly advises employers to deal directly with it on matters relating to applications for issuance of Pension Clearance Certificate.”

The regulator said ” it has made it seamless for companies and employers who meet the requirements to obtain the certificate within seven days without constituting a nuisance.

PenCom listed the requirements to include, “Certified list of employees of the organization as at the end of the last fiscal year. The certification should be done with an authorized official of the applicant organization.

RELATED ARTICLES

NAICOM, SEC STRENGTHEN TIES ON INSURANCE REFORMS.

    The Commissioner for Insurance, Olusegun Ayo Omosehin, has visited the Director-General of the Securities and Exchange Commission, Emomotimi Agama, at the SEC headquarters in...

FCT MINISTER ORDERS IMMEDIATE SHUTDOWN OF ILLEGAL MINING CAMPS. …REITERATES COMMITMENT TO RID FCT OF STREET BEGGING, DESTITUTION, OTHER SECURITY THREATS.

  Minister of the Federal Capital Territory (FCT), Barr. Ezenwo Nyesom Wike has ordered the immediate and comprehensive clampdown on illegal mining activities springing up...

NIES 2025: NNPC LTD LEADING THE CHARGE TOWARDS AFRICA’S GAS INFRASTRUCTURE EXPANSION—KYARI .

. The Group Chief Executive Officer of NNPC Ltd, Mele Kyari says,  the world recognizes Africa as the next destination of providing greater support to...

Most Popular

FG MOVES TO REVITALIZE SILOS CONCESSION PROGRAMME TO BOOST FOOD SECURITY

  The Federal Government says it is set to revitalize the Silos Concession Programme as part of efforts to curb post-harvest losses, strengthen food storage...

INDIAN BUSINESSMAN, THREE OTHERS ARRESTED OVER N3.9BN TRAMADOL AT LAGOS AIRPORT …AS NDLEA UNCOVERS SKUCHIES FACTORY, NABS COUPLE WITH 19KG DRUGS IN ANAMBRA,...

The National Drug Law Enforcement Agency (NDLEA) has arrested an Indian businessman, Gupta Ravi Kumar, and three Nigerian accomplices over the importation of 2,248,000 pills...

DICAN HONOURS NDLEA BOSS FOR INNOVATIVE FIGHT AGAINST ILLICIT DRUGS.

The Chairman and Chief Executive of National Drug Law Enforcement Agency, (NDLEA) Brigadier General, Mohammed Buba Marwa (rtd) has lay his weight behind the...

BANKING, FINTECH TOP CONSUMER COMPLAINTS IN NIGERIA – FCCPC REPORT. Commission recovers ₦10 billion for aggrieved customers

BANKING, FINTECH TOP CONSUMER COMPLAINTS IN NIGERIA - FCCPC REPORT. Commission recovers ₦10 billion for aggrieved customers   The Federal Competition and Consumer Protection Commission says...

Recent Comments