EMPLOYERS REMINDED TO BE REMITTING MONTHLY CONTRIBUTION TO NAPSA

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EMPLOYERS REMINDED TO BE REMITTING MONTHLY CONTRIBUTION TO NAPSA

NAPSA

 

By Mwenya Mofya

 

The National Pensions Scheme Authority-NAPSA has revealed that there has been about 80 to 85 percent compliance by employers in remitting monthly contributions for their employees to the authority.

 

NAPSA Head of Corporate Affairs Cephas Sinyangwe says it is important for employers to comply with the law of paying to the authority as defaulting attract prosecution.

 

Sinyangwe however indicates that the authority is coming up with an inspector application which will enable to instantly check details on compliance levels by companies.

 

 

 

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