Fact has emerged that out of the 36 states of the federation, only Lagos, Kaduna, Edo and Benue states have remitted the contributory pension of their workers fully as at December 2021 in line with the mandate of the Contributory Pension Scheme.
The National Pension Commission in its fourth quarter report 2021, indicated that Osun, Delta, Ekiti, Ondo, Anambra and the Federal Capital Territory, which are also remitting employers and employees contributions, have backlogs in remittances.
The report read that 25 states had enacted pension laws on the pension scheme, while seven states were still processing the bill.
Of the five states operating other pension schemes, four reportedly adopted the Contributory Defined Benefits Scheme while one state operates the Defined Benefits Scheme.
In line with its mandate, PenCom stated that it carried out sensitization workshops, capacity-building programmes and stakeholder engagement meetings during the quarter under review.
