President Bola Tinubu has directed the immediate rollout of free healthcare for low-income retirees under the Contributory Pension Scheme.
He also mandated prompt implementation of overdue pension increases and a minimum pension guarantee to protect vulnerable retirees.
The president said these in a statement by his spokesperson, Bayo Onanuga, on Wednesday in Abuja, adding that these were critical components of social protection and dignity in retirement.
The directive followed a briefing by the Director-General of the National Pension Commission (PenCom), Omolola Oloworaran.
Mr Tinubu further mandated the PenCom DG to urgently resolve the longstanding police pension issue, emphasising that members of the police force who serve and protect the nation deserve to retire with dignity and peace of mind.
Retired police officers recently protested poor pensions and living conditions across the country.
They called for the removal of the Nigeria Police Force from the CPS, citing systemic anomalies.
Thereafter, Ms Oloworaran briefed the president on efforts to preserve pension fund value amid inflation and economic pressures.
She outlined plans to enable foreign currency contributions, allowing Nigerians in the diaspora to participate in the pension scheme.
She also highlighted upcoming reforms to boost retiree welfare and expand pension coverage nationwide.
Mr Tinubu welcomed the initiatives and reaffirmed his administration’s commitment to inclusive growth and social protection for ordinary Nigerians.
NAN
