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PENCOM Compliance Certificate Consultant in Nigeria
Lifehampers helps employers get the National Pension Commission (PENCOM) compliance certificate, needed for government contracts and many corporate tenders, by putting your pension records and group life insurance in order.
How the PENCOM Certificate Works
Under the Pension Reform Act 2014, employers with 3 or more staff must run the Contributory Pension Scheme: at least 10% from the employer and 8% from the employee, paid monthly into each staff member's Retirement Savings Account with their Pension Fund Administrator (PFA). Employers must also keep a group life insurance policy for staff.
PENCOM issues a compliance (pension clearance) certificate to employers who can show this. It is one of the standard documents for BPP registration and federal tenders.
- Certified list of employees as at the end of the last financial year
- Monthly remittance schedules showing names, RSA PINs, PFAs and amounts
- Evidence of any outstanding contributions and penalties paid
- Valid group life insurance certificate, policy and payment receipt
Readiness Review
We check your staff list, remittances and group life policy against PENCOM's requirements and tell you exactly what is missing before you apply.
Fix the Gaps
We help you register staff with PFAs, organise remittance schedules and arrange group life cover, so your application is complete.
Apply and Track
We submit through PENCOM's pension clearance e-certificate process and follow up. PENCOM has stated a processing time of about 15 working days from receipt.
Renew Yearly
The certificate is renewed every year. Keep remitting monthly and it becomes a simple renewal instead of a catch-up exercise.
Part of the Contract Pack
We combine PENCOM with NSITF, ITF, tax clearance and BPP registration so your company is tender-ready in one process.
Questions people often ask
Straight answers to the questions we hear most often.
Who needs a PENCOM compliance certificate?
Employers covered by the Contributory Pension Scheme, generally those with 3 or more staff, especially if they want government contracts or tenders that ask for it.
What are the minimum contribution rates?
At least 10% of monthly emoluments from the employer and 8% from the employee, remitted to each employee's PFA.
Is group life insurance compulsory?
Yes. Employers must keep a group life policy for staff, and evidence of a valid policy is required for the certificate.
Does PENCOM charge for the certificate?
The contributions and any penalties are paid by the employer to PFAs and PENCOM. We quote our service fee separately after a readiness review.
How long does it take?
About 15 working days after a complete application, plus any time needed to clear unpaid contributions first.
What else do I need for government contracts?
Usually NSITF and ITF certificates, a 3-year tax clearance and BPP registration. See our BPP and IRR service.
Need Your PENCOM Certificate?
Lifehampers Global Consults gets your pension records ready and handles PENCOM, NSITF, ITF and BPP together.