Organizations who do not remit their staff’s pension contributions to Pension Fund Administrators (PFAs) are to face probe by the House of Representatives, the legislative body said on Tuesday, February 16.
Nigerian pension scheme has been fraught with complaints by employees about illegal action of non-remittance of their contribution to the PFAs.
The House’ resolution followed a motion titled “threat to the continuation of the contributory pensions scheme by non – remittance of workers contributions by employers” by Joseph Edionywele.
Edionywele noted that “the scheme appears to be in breach of the Pension Act.” According to him, the non remittance by organisations would not only jeopardise the smooth and successful operation of the scheme but lead to the suffering of Pensioners.
On Pension Scheme “It is sad to note that 11 years into this, even Ministries are not remmitting this fund. “We should investigate and list the defaulters and sanction them, even the private sector,” Edionwele submitted.
Contributing to the motion, the Deputy Chief Whip, Pally Iriase expressed his displeasure at the situation and said no worse crime could be perpertrated than the non remittance of monies to senior citizens.
The House unanimously adopted the motion after it was put to a voice vote by the Speaker, Yakubu Dogara. Then, the House referred the matter to the Committee on Pensions. The committee, House resolved, will obtain a comprehensive report on the operations of the scheme, including a list of defaulting empolyers and the amount involved.