Nigeria - 2008 - Finance

Frameork for the Recovery of outstanding Pension Contributions and Interest Penalty from defaulting empolyers

Ministry of Finance, Budget and National Planning, Nigeria

The objective of this framework is for a standard and cost effective procedure for ensuring the recovery of outstanding pension contributions of empolyees. The Framework covers: identificatio n of employers with outstanding pension contribution; computation of interest penalty; and the appiontment of recovery agents.

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Frameork for the Recovery of outstanding Pension Contributions and Interest Penalty from defaulting empolyers Current Version

January 2022

The objective of this framework is for a standard and cost effective procedure for ensuring the recovery of outstanding pension contributions of empolyees. The Framework covers: identificatio n of employers with outstanding pension contribution; computation of interest penalty; and the appiontment of recovery agents.

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