A new report by the National
Pension Commission has shown that only 12 states of the federation have been
remitting contributions into the retirement savings accounts (RSA) of their
workers.
According to the third quarter
report of the commission released on Wednesday, 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 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.
Here are the states that have not
been remitting workers’ pension contribution:
·
Imo
·
Sokoto
·
Ekiti
·
Kogi
·
Bayelsa
·
Nasarawa
·
Oyo
·
Katsina
·
Akwa Ibom
·
Edo
·
Benue
·
Kwara
·
Plateau
·
Cross River
·
Enugu
·
Abia
·
Ebonyi
·
Taraba
·
Bauchi
·
Borno
·
Gombe
·
Yobe
·
Adamawa
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