PENCOM AUTOMATES PENSION PENALTIES FOR DEFAULTING EMPLOYERS
The National Pension Commission, PenCom, has introduced an automated system for calculating penalties against employers who delay remitting workers’ pension contributions. The initiative is aimed at strengthening compliance with the Pension Reform Act and ensuring employers meet their obligations under the Contributory Pension Scheme. Director-General of PenCom, Omolola Oloworaran, disclosed this at the 2026 Annual […]









