Pension News

List of Organizations Issued Pension Compliance Certificates in 2023

The National Pension Commission (PenCom) has disclosed the list of all employers (organizations) that were issued Pension Clearance Certificates (PCCs) in the year 2023.

The list revealed that PenCom issued PCCs to 30,293 organizations in the year 2023, the report further revealed that the 30,293 organizations remitted a total sum N148,241,406,507.82 into the Retirement Savings Accounts (RSAs) of their 434,310 employees.

The Top employers on the list with over N1 billion naira remitted as pension contributions for their employees are, KPMG Professional Services, Wema Bank Plc, Institute Of Human Virology Nig Ltd, Int Towers Limited, Airtel Networks Limited, Sterling Bank Plc, Ecobank Nigeria Limited, Pricewater House Coopers Limited, Stanbic Ibtc Bank Plc, Guaranty Trust Bank Plc, Flour Mills Of Nigeria Plc, Dangote Cement Plc, Lafarge Africa Plc, Nigerian Bottling Company Limited, Access Bank Plc, MTN Nigeria Communications Plc, Julius Berger Nigeria Plc, Seplat Energy Plc, United Bank For Africa Plc, Zenith Bank Plc, Kings Guard Nigeria Ltd, Nigerian Breweries Plc, First Bank Of Nigeria Limited and NIGERIA LNG limited. The link to the full list of all employers is below.

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 that are complying with the provisions of Pension Reform Act 2014.

Pension Compliance Certificate expires every 31 December, therefore it must be renewed on yearly basis, the major requirement for pension compliance certificate are remittance of pension contribution and group life insurance policy for employees.

Click here for the Full details and list of the employers who were issued Pension Compliance Certificates in the year 2023.

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