Q: What if my employer does not impose its preferred PFA on me but refuses to pay to my PFA?

A: If after 7 days of the payment of salaries, any employer refuses or fails ( for whatever reason) to remit the pension contributions of his employee to the PFA where such employee has opened a Retirement Saving Account (“RSA”) , the PFA is obligated to report the employer to the National Pension Commission if the funds are not received by the 14th day from the payment of salaries. Such employer will be liable to a penalty in addition to the funds due.