Oloworaran: PenCom to Roll Out Healthcare Support for Retirees November.
The move is part of efforts to reduce medical expenses that erode pension income and undermine the financial security of senior citizens.
She spoke at the Senior Citizens Fair, with the theme, “Pension for All: Building a Secure Future Together,” in Abuja, held as part of activities marking National Pension Week 2026.
She said the PenCare initiative was undergoing a pilot phase ahead of its nationwide implementation, with the programme designed to improve retirees’ access to healthcare and address concerns over the rising cost of medical services.
The initiative may help pensioners manage healthcare expenses after retirement, when limited and often fixed incomes leave many vulnerable to rising living costs and unexpected medical bills. Oloworaran said the commission was committed to integrating healthcare into retirement protection, stressing that Nigerians who had spent years in public and private service deserved to live with dignity without struggling to afford essential medical treatment. She explained that the formal inauguration, initially scheduled to hold today had been postponed due to scheduling constraints. The health iniatiative seeks to address a critical dimension of retirement security, as healthcare expenses can quickly consume pension payments and leave retirees with fewer resources for food, housing and other basic needs.
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