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TVC E, BUSINESS – The House of Representatives is set to investigate the alleged non-remittance of workers’ contributions to the Pension Fund Administrators.
The resolution is the aftermath of a motion by Representative Joseph Edionwele from Edo state.
The committee is to obtain a comprehensive report on the operations of the scheme so far, including a list of defaulting employers and the amount involved.
Legislators who argued in support of the motion, expressed concern about the alarming rate of non-compliance with the Pensions Act, by a large number of employers.
The House Committee on Pensions is to carry out the assignment and report to the House in six weeks.
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