NAMFISA uploaded the revised standards and regulations incorporating NAMFISA responses on Industry representations on the NAMFISA website.
The Social Security Commission (SSC) and the Ministry of Labour, Industrial Relations & Employment Creation (MLIREC), held an information-sharing meeting on the National Pension Fund (NPF) with employer and labour representative bodies at the SSC office on, 26 April 2023.
The employer is thus contractually obliged to determine and pay the contributions monthly, as specified in the rules, and non-payment contravenes the rules and the Pension Funds Act.