Nigeria’s pension industry is struggling with a N99.28 billion backlog of uncredited contributions, with the private sector responsible for nearly 70 percent of the total. The issue stems from administrative failures, including incorrect data, missing contribution schedules, and weak employer payroll controls rather than non-payment. While the National Pension Commission (PenCom) has implemented the Pension Contribution Remittance System (PCRS) to automate and validate payments, significantly improving processing speeds and accuracy over the past year, experts emphasize that employers must still improve internal governance to prevent further accumulation of uncredited funds. The backlog currently poses a risk to retirement security and overall confidence in the Contributory Pension Scheme.