By Johnbosco Agbakwuru
ABUJA — PRESIDENT Bola Tinubu has ordered speedy rollout of a free healthcare initiative for low-income retirees below the Contributory Pension Scheme, CPS, describing the measure as important to making sure dignity and social safety in retirement.
He additionally directed the immediate implementation of long-overdue pension will increase and institution of a minimal pension assure to function a security internet for essentially the most susceptible pensioners inside the CPS.
The directives adopted a briefing from the Director Common of the Nationwide Pension Fee, PenCom, Ms. Omolola Oloworaran, at State Home, Abuja, yesterday.
Tinubu additional mandated PenCom management to urgently resolve the lingering points surrounding police pensions, stressing that officers who devoted their lives to nationwide safety have to be assured of a dignified and peaceable retirement.
Ms. Oloworaran additionally briefed the President on efforts to protect the worth of pension fund property amid inflation and macroeconomic pressures.
She outlined upcoming reforms, together with provisions for international currency-denominated contributions, which might permit Nigerians within the diaspora to take part within the nationwide pension system.
President Tinubu, in keeping with the assertion by his spokesman, Bayo Onanuga, endorsed the reforms, reiterating his administration’s dedication to inclusive financial development and safety for all Nigerians, particularly these in susceptible teams. The assertion stated the PenCom DG supplied updates on a broad vary of transformative initiatives geared toward enhancing retirees’ welfare and increasing the attain of the pension scheme throughout the nation
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