PenCom Launches Monitoring Platform for Pension Compliance

The Pension Commission (PenCom) has inaugurated a specialized high-level monitoring platform aimed at ensuring compliance with pension contributions among states in Nigeria. This initiative is part of an ongoing strategy to deepen pension reforms at the sub-national level and secure the retirement future of public servants.

During the inaugural bi-annual consultative session, Didi Walson-Jack, head of the civil service, emphasized the federal government's commitment to aligning pension structures across public service tiers. Omolola Oloworaran, Director General of PenCom, expressed concern over the slow pace of statutory execution at the state level, highlighting that only 26 states have successfully passed pension reform laws, with seven states fully implementing the contributory pension scheme.

This leaves 29 states lagging behind, despite having legal frameworks or pending bills. The consultative framework aims to provide practical support to states in overcoming challenges and ensuring compliance, thereby protecting civil servants from old-age poverty.