Federal Government Rolls Out Two Measures to Protect Retirees from Poverty and Ill Health

Nigeria’s federal government, through the National Pension Commission (PenCom), will launch PenCare and the Minimum Pension Guarantee during the first National Pension Week, scheduled for October 26–30, 2026. PenCare will provide 30,000 eligible low-income retirees with essential healthcare at no cost. The guarantee will set a minimum pension floor for eligible retirees under the Contributory Pension Scheme, activating a safeguard that has been in pension law for more than a decade. PenCom Director-General Omolola Oloworaran described the initiatives as concrete steps to strengthen retirees’ security.