Pension reforms not 2027 campaign gimmick — PenCom
The National Pension Commission has denied that its new minimum pension guarantee and free healthcare initiatives are a gimmick for the 2027 elections. Read More: https://punchng.com/pension-reforms-not-2027-campaign-gimmick-pencom/
The National Pension Commission (PenCom) has dismissed claims that its announcement of a minimum pension guarantee and free healthcare for retirees was timed for political gain ahead of the presidential election. PenCom Director-General, Omolola Oloworaran, said the reforms were part of the commission's ongoing mandate and were not influenced by electoral factors.
The PUNCH reported that President Bola Tinubu unveiled the N52,500 monthly pension for 173,209 eligible retirees under the Contributory Pension Scheme, and the PenCare free healthcare initiative for low-income pensioners. Oloworaran stated that the commission had been implementing pension reforms since July 2024 and that there is no wrong time to take actions to improve the lives of Nigerians.
She cited previous pension increases, including an N32,000 consequential adjustment and over 1,000 percent increase for NSITF retirees, as evidence that the reforms were not election-driven.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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