PenCom Introduces Health Insurance Scheme for Retirees in Nigeria - DG Oloworaran

The Pension Commission (PenCom) in Nigeria is launching a new health insurance scheme to provide coverage for retirees. The Director-General of PenCom, Omolola Oloworaran, announced this transformative program aimed at enhancing the welfare of retirees and promoting inclusivity in the pension industry.

This initiative is part of a broader effort to revolutionize the pension system in Nigeria, building on the progress made since the introduction of the Contributory Pension Scheme in 2004. The new scheme is designed to ensure dignity in retirement, extend coverage to all Nigerian workers, and contribute to the resilience of the national economy through increased savings and capital development.