{"id":27822,"date":"2018-10-30T15:48:00","date_gmt":"2018-10-30T14:48:00","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=27822"},"modified":"2018-10-30T15:48:00","modified_gmt":"2018-10-30T14:48:00","slug":"pencom-recovers-n465m-outstanding-pension-contributions","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/","title":{"rendered":"PenCom Recovers N465m Outstanding Pension Contributions"},"content":{"rendered":"

The National Pension Commission, on Tuesday, said it has recovered N465.02 million outstanding pension contributions from defaulting employers.<\/p>\n

PenCom in a statement by its Head, Corporate Communications, Mr Peter Aghahowa, in Abuja said the recovery was affected in the second quarter.<\/p>\n

The commission said the N465.02 million consisted of principal contributions of N335.70 million and penalty of N129.32 million<\/p>\n

\u201cThis brought the total recovery by the commission to N14.38 billion which comprised principal contribution of N7.48 billion and penalty of N6.96 billion,\u201d Aghahowa said.<\/p>\n

The commission further said it effected the recovery, using certified 14 agents.<\/p>\n

\u201cFollowing the issuance of demand notices on defaulting employers whose liabilities had been established by agents, some employers remitted their outstanding pension contributions and paid corresponding penalties.\u201d<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

PenCom said in the same quarter, 5,634 companies submitted applications for the issuance of pension clearance certificates.<\/p>\n

\u201cOut of the 5,634 applications, Pension Clearance Certificates were issued to 5,427 organisations.<\/p>\n

\u201cThe 207 firms were turned down due to non-compliance of pension contributions at appropriate period and non provision of group life insurance policy for employees.\u201d<\/p>\n

PenCom said that N49.31 billion was remitted to the Retirement Saving Accounts of 71,386 employees by the 5,427 organisations the certificates were issued.<\/p>\n

The\u00a0News Agency of Nigeria<\/em>\u00a0reports that the total pension assets stood at N8.35 trillion as at August.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Pension Commission, on Tuesday, said it has recovered N465.02 million outstanding pension contributions from defaulting employers. PenCom in a statement by its Head, Corporate Communications, Mr Peter Aghahowa, in Abuja said the recovery was affected in the second quarter. The commission said the N465.02 million consisted of principal contributions of N335.70 million and …<\/p>\n","protected":false},"author":6,"featured_media":25567,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,1593,17],"tags":[4846],"coauthors":[2391],"class_list":["post-27822","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-metro","category-news","tag-pension-contributions"],"yoast_head":"\nPenCom Recovers N465m Outstanding Pension Contributions - National Wire<\/title>\n<meta name=\"description\" content=\"The National Pension Commission, on Tuesday, said it has recovered N465.02 million outstanding pension contributions from defaulting employers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PenCom Recovers N465m Outstanding Pension Contributions - National Wire\" \/>\n<meta property=\"og:description\" content=\"The National Pension Commission, on Tuesday, said it has recovered N465.02 million outstanding pension contributions from defaulting employers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-30T14:48:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/Aisha-Dahir-Umar.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/Aisha-Dahir-Umar.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/Aisha-Dahir-Umar.jpg\",\"width\":800,\"height\":512,\"caption\":\"The Acting Director General of National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/\",\"name\":\"PenCom Recovers N465m Outstanding Pension Contributions - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#primaryimage\"},\"datePublished\":\"2018-10-30T14:48:00+00:00\",\"dateModified\":\"2018-10-30T14:48:00+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"The National Pension Commission, on Tuesday, said it has recovered N465.02 million outstanding pension contributions from defaulting employers.\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PenCom Recovers N465m Outstanding Pension Contributions\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PenCom Recovers N465m Outstanding Pension Contributions - National Wire","description":"The National Pension Commission, on Tuesday, said it has recovered N465.02 million outstanding pension contributions from defaulting employers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/","og_locale":"en_US","og_type":"article","og_title":"PenCom Recovers N465m Outstanding Pension Contributions - National Wire","og_description":"The National Pension Commission, on Tuesday, said it has recovered N465.02 million outstanding pension contributions from defaulting employers.","og_url":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/","og_site_name":"National Wire","article_published_time":"2018-10-30T14:48:00+00:00","og_image":[{"width":800,"height":512,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/Aisha-Dahir-Umar.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/Aisha-Dahir-Umar.jpg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/08\/Aisha-Dahir-Umar.jpg","width":800,"height":512,"caption":"The Acting Director General of National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar"},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/","name":"PenCom Recovers N465m Outstanding Pension Contributions - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#primaryimage"},"datePublished":"2018-10-30T14:48:00+00:00","dateModified":"2018-10-30T14:48:00+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"The National Pension Commission, on Tuesday, said it has recovered N465.02 million outstanding pension contributions from defaulting employers.","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/pencom-recovers-n465m-outstanding-pension-contributions\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"PenCom Recovers N465m Outstanding Pension Contributions"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/27822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=27822"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/27822\/revisions"}],"predecessor-version":[{"id":27823,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/27822\/revisions\/27823"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/25567"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=27822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=27822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=27822"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=27822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}