The National Pension Commission (PenCom) has issued a general notice to remind employers who wish to bid or solicit for contract or business from any Federal Government Ministries Departments and Agencies (MDA), of the requirement to provide proof of compliance with the provisions of the Pension Reform Act, 2014 (PRA 2014). The notice states that only Pension Clearance Certificate (PCC) issued by PenCom will serve as proof of compliance with the provisions of PRA 2014.
In view of the above, all Federal Government MDAs have been mandated to ensure that all bids tendered by organisations are accompanied by PCC.
Organisations who wish to obtain the annual PCC are required to forward their applications to PenCom headquarters in Abuja, or any of its six (6) zonal offices nationwide. Please refer to the attached notice for details of the application process and documents required to accompany the application.
Please click here for details of the application process and documents required to accompany the application.
All employers are advised to promptly evaluate their compliance status with respect to the PRA 2014 with the aim of closing any identified compliance gap(s) and thereafter apply for their annual PCC.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.