Monday, October 20, 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

DHQ DENIES REPORT OF COUP ATTEMPT

  The Defence Headquarters (DHQ) has dismissed as false and misleading an online report claiming that the cancellation of activities marking Nigeria’s 65th Independence Anniversary...

FG HAILS SHELL’S $2 BILLION OFFSHORE INVESTMENT AS MAJOR BOOST TO NIGERIA’S OIL SECTOR.

  The Federal Government has described Shell Nigeria’s $2 billion Final Investment Decision (FID) for a new offshore project as a major vote of confidence...

US-BASED INNOVATION EXPERT EMIL EKIYOR LAUNCHES INNOPOWER AFRICA FOUNDATION TO DRIVE YOUTH EMPOWERMENT THROUGH TECHNOLOGY

Africa’s innovation and technology landscape is set for a major transformation with the official launch of InnoPower Africa Foundation, a non-profit initiative aimed at empowering...

OMOSEHIN CALLS ON WEST AFRICAN INSURERS TO LEAD CLIMATE RESILIENCE EFFORTS

  The Commissioner for Insurance, Federal Republic of Nigeria,  Olusegun Ayo Omosehin, has called on West African insurers to rise beyond traditional boundaries and lead...

Recent Comments