ADVERTISEMENT
  • InsideOyo
  • Contact
  • About Us
  • Privacy Policy
  • Submit A Story
  • Advertise with us
  • Support Us Today
Monday, June 27, 2022
InsideOyo.com
">
  • Home
  • General News
  • Political News
  • Oyo Campus Gist
  • Entertainment
  • Special Reports
    • Opinion
    • Interview
  • Jobs
  • To Advertise
  • Support Us Today
    • Submit A Story
No Result
View All Result
  • Home
  • General News
  • Political News
  • Oyo Campus Gist
  • Entertainment
  • Special Reports
    • Opinion
    • Interview
  • Jobs
  • To Advertise
  • Support Us Today
    • Submit A Story
No Result
View All Result
InsideOyo.com
No Result
View All Result
">
ADVERTISEMENT
Home Political News

Oyo Among States Not Remitting Workers’ Pension Contribution

InsideOyo by InsideOyo
January 24, 2019
in Political News
5.2k
0
Okorocha, Danjuma, Dangote, Otudeko, Balogun, Otedola, Daisi, Elumelu Others For Oyo ETF launch Tuesday
7.2k
SHARES
8.8k
VIEWS
Share on FacebookShare on WhatsAppShare on Twitter
">

The National Pension Commission has revealed that Oyo state is among the 23 of the federation not remitting contributions into the retirement savings accounts (RSA) of their workers.

In its Q3 report released by the Commission on Wednesday, only 24 states had passed laws on the contributory pension scheme (CPS).

“As at the end of the third quarter of 2018, twenty-four (24) States of the Federation had enacted laws on the Contributory Pension Scheme (CPS) while six (6) States were at the bill stage,” the report read.

“Five (5) States had, however, decided to adopt a pension scheme other than the CPS. In this regard, two (2) States had already drafted pension reform bills that were undergoing legislative processes. One (1) State had not commenced reforming its pension system,“ the Cable quotes the report.

The report said Lagos, Ogun, Kaduna, Niger, Delta, Osun and Rivers states have started remitting pension into workers RSA and funding their accrued rights.

It said Zamfara, Kebbi, Ondo and Anambra have been remitting RSA but have not been funding the accrued rights.

In the case of Imo, PenCom said the state government is yet to commence remittance of its workers’ pension contributions but that the Imo State University has been implementing the CPS under the 2014 Pension Reform Act.

It stated that Kano state had yet to transfer its pension assets or commence the funding of accrued rights while Jigawa had transferred assets to six pension fund administrators for management.

The other states are:

  • Imo
  • Sokoto
  • Ekiti
  • Kogi
  • Bayelsa
  • Nasarawa
  • Katsina
  • Akwa Ibom
  • Edo
  • Benue
  • Kwara
  • Plateau
  • Cross River
  • Enugu
  • Abia
  • Ebonyi
  • Taraba
  • Bauchi
  • Borno
  • Gombe
  • Yobe
  • Adamawa

Share this:

  • Facebook
  • Twitter
  • More
  • LinkedIn
  • Telegram
  • WhatsApp

Like this:

Like Loading...
Tags: featuredoyo state newsPension contribution
">
Please login to join discussion
">
">

Support Our Work Today!

Trending Stories

  • Alaafin Stool: Adeitan Atiba Ruling House Joins Race, Presents Afolabi Ademola

    Alaafin Stool: Adeitan Atiba Ruling House Joins Race, Presents Afolabi Ademola

    7510 shares
    Share 3004 Tweet 1878
  • 14-Year-Old Oyo Student Emerges Overall Winner At 2022 NNPC Quiz In Southwest

    7499 shares
    Share 3000 Tweet 1875
  • I Am Going Back To Nigeria Soon – Sunday Igboho

    7497 shares
    Share 2999 Tweet 1874
  • Makinde’s Aide, Ige, Felicitates Bose Adedibu On Her Birthday

    7360 shares
    Share 2944 Tweet 1840
  • NNPP Guber Candidate’s Wife Meets Women In Hausa Community, Seeks Support For POJ 

    7387 shares
    Share 2955 Tweet 1847

Like Our Facebook Page

Like Our Facebook Page
">

Are YOU in distress? Call Oyo State Emergency Number NOW!!!

oyo State Emergency Number

Follow Us On Twitter

My Tweets

Support Us To Push Further

Join Our WhatsApp Group

">
  • Home
  • General News
  • Political News
  • Oyo Campus Gist
  • Entertainment
  • Special Reports
  • Jobs
  • To Advertise
  • Support Us Today

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

No Result
View All Result
  • Home
  • General News
  • Political News
  • Oyo Campus Gist
  • Entertainment
  • Special Reports
    • Opinion
    • Interview
  • Jobs
  • To Advertise
  • Support Us Today
    • Submit A Story

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
%d bloggers like this: