One of the important requirements for Suppliers, Contractors or Consultant bidding or soliciting for contract or business from any Federal Government Ministries, Departments and Agencies (MDAS) is the PENCOM certificate.
The PENCOM issues annual Pension Clearance Certificate to eligible organizations willing to transact business with the Federal Government of Nigeria.
Organizations wishing to obtain the annual Pension Clearance Certificate are required to forward their applications to the Commission along with the following documents:
1. Certified list of employees of the organization as at the end of the last fiscal year. The certification should be done by an authorized official of the applicant organization.
2. Certified rate of monthly pension contributions (specifying employer and employee rates). The rates relating to the monthly emoluments are:
(a) minimum of ten percent (10%) by the employer
and
(b) minimum of eight percent (8%) by the employee.
3. Evidence of remittance of monthly pension contributions for all employees as follows:
(a) for the last three fiscal years for organizations that were In existence for that period and have five (5) or more staff
(b) for organizations that have not been In existence for the last three fiscal years, from the date of Incorporation/registration/licensing to the last fiscal year.
4. Evidence of remittance of all outstanding pension contributions and penalties (for late remittances). This is ONLY applicable to organizations whose pension contributions have been reviewed by the Commission or its Agent.
5. Evidence of transfer of pension fund and assets prior to the commencement of the Contributory Pension Scheme (CPS) to a licensed pension fund operator
This Is ONLY applicable to organizations that had pension arrangements or were in custody of pension assets before June 2004, when the CPS commenced.
6. Evidence of a current Group Life Insurance Policy for staff specifying the number of lives and sum assured.
Applications can be submitted at either the commission’s Head office at Plot 174, Adetokunbo Ademola Crescent Wuse II, Abuja or the following Zonal Offices:
1. North-West Zonal Office (Kano)
No 22, Kazaure Road, Bompal Kano, Kano State
2. South-East Zonal Office (Awka)
Beside Eco Bank Plc, opposite Government House
Onitsha-Enugu Expressway Awka, Anambra State
3, South-West Zonal Office (Lagos)
88A, Oduduwa Crescent GRA Ikeja, Lagos
4. South-South Zonal Office (Calabar) Plot 9, PCN Layout,
Diamond Hill, Calabar Cross River State
5. North-Central Zonal Office (Ilorin)
Plot 1, Aderemi Adeleye Street, Off Pate Road GRA, Ilorin
Kwara State
6. North East Zonal Office (Gombe
Plot 10, Gombe-Biu Road, Gombe, Gombe State
Applicants are to note that it takes 15 working days from the date of receipt for an application to be processed. Certificates or rejections can be picked up at the offices where the applications
were submitted. Also, applicants can confirm If their applications are successful by checking the Commission’s website www.pencom.gov.ng where the list of organizations issued Certificates is updated daily.
