25 defaulting employers cough out N608.55m pension remittance

25 defaulting employers cough out N608.55m pension remittance

25 defaulting employers cough out N608.55m pension remittance     The National Pension Commission (PenCom) has said it recovered N608.55 million from 25 employers who deducted the monthly emoluments of their workers but did not remit to their respective Pension Fund Administrators (PFAs). PenCom said this in its first-quarter 2021 report obtained by our correspondent on Tuesday. According to the report, the employers were fined N446.17m during the period under review. The commission said, “Following the issuance of demand notices to defaulting employers whose pension liabilities had been established by…

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