President Tinubu Directs PenCom To Resolve Police Pension Complaints

By Ayodele Oni

President Bola Tinubu has directed Ms. Omolola Oloworaran, the Director General of the National Pension Commission (PenCom), to urgently resolve the longstanding Police Pension issue, which has triggered nationwide protest by the retired officers.

The President emphasised that members of the Police Force, who serve and protect the nation deserve to retire with dignity and peace of mind.

A statement by the Special Adviser to the President, (Information and Strategy), Bayo Onanuga, on Wednesday, stated that the President gave the directives after receiving a briefing from the Director General of the National Pension Commission (PenCom).

Tinubu also called for the expedited rollout of the free healthcare access initiative for low-income retirees under the Contributory Pension Scheme (CPS), describing it as a critical component of social protection and dignity in retirement.

He also called for the prompt implementation of long-overdue pension increases and a minimum pension guarantee, which would provide a safety net for the most vulnerable pensioners under the CPS.

President Tinubu strongly supported  reforms, in PenCom reaffirming his administration’s commitment to inclusive growth and protection for ordinary Nigerians.

The DG had briefed the President on ongoing efforts to ensure the value preservation of pension fund assets, especially in the face of inflation and macroeconomic pressures, as well as plans to introduce foreign currency contributions to enable Nigerians in the diaspora to participate in the pension system.

During the briefing, the DG updated the President on a suite of transformative pension initiatives to enhance retiree welfare and expand the Pension Scheme’s reach.