News
November 01, 2025
PenCom Inaugurates Board of Trustees of Pension Industry Health Care
James Emejo in Abuja The Director General, National Pension Commission (PenCom), Ms. Omolola Oloworaran, yesterday inaugurated the Board of Trustees of the Pension Industry Health Care Initiative (PenCare) to enhance
**PenCom Takes Major Step Towards Pensioner Healthcare with Inauguration of PenCare Board**
Abuja – In a move poised to significantly improve the well-being of retirees, the National Pension Commission (PenCom) yesterday inaugurated the Board of Trustees of the Pension Industry Health Care Initiative, known as PenCare. The Director General of PenCom, Ms. Omolola Oloworaran, presided over the inauguration ceremony held in Abuja, marking a crucial milestone in the quest to provide accessible and quality healthcare for Nigerian pensioners.
PenCare represents a collaborative effort within the pension industry to address the often-overlooked healthcare needs of those who have dedicated their working lives to the nation. The initiative aims to create a framework that facilitates the provision of affordable and reliable healthcare services for retirees across the country. While specific details of the healthcare packages and operational mechanics are expected to be unveiled by the newly inaugurated board, the underlying principle is to leverage the existing pension infrastructure to deliver tangible benefits to pensioners beyond their regular pension payouts.
Speaking at the inauguration, Ms. Oloworaran emphasized the importance of PenCare, highlighting the challenges many pensioners face in accessing adequate healthcare due to financial constraints and other logistical hurdles. She expressed confidence that the Board of Trustees, comprised of experts from various fields, will bring their wealth of experience and expertise to bear in shaping the strategic direction of PenCare and ensuring its successful implementation.
The composition of the Board of Trustees reflects a diverse range of skills and perspectives, intended to ensure a holistic and effective approach to pensioner healthcare. The individuals selected for the board are expected to guide PenCare in developing sustainable healthcare solutions tailored to the unique needs of Nigerian retirees.
The inauguration of the PenCare Board of Trustees signifies PenCom's commitment to enhancing the overall welfare of pensioners. By prioritizing healthcare, PenCom aims to provide retirees with a greater sense of security and improved quality of life during their retirement years. The initiative is expected to generate positive ripple effects, contributing to a more dignified and fulfilling retirement experience for countless Nigerians. The industry now awaits further details from the board concerning the specifics of the healthcare packages and enrolment processes.
Abuja – In a move poised to significantly improve the well-being of retirees, the National Pension Commission (PenCom) yesterday inaugurated the Board of Trustees of the Pension Industry Health Care Initiative, known as PenCare. The Director General of PenCom, Ms. Omolola Oloworaran, presided over the inauguration ceremony held in Abuja, marking a crucial milestone in the quest to provide accessible and quality healthcare for Nigerian pensioners.
PenCare represents a collaborative effort within the pension industry to address the often-overlooked healthcare needs of those who have dedicated their working lives to the nation. The initiative aims to create a framework that facilitates the provision of affordable and reliable healthcare services for retirees across the country. While specific details of the healthcare packages and operational mechanics are expected to be unveiled by the newly inaugurated board, the underlying principle is to leverage the existing pension infrastructure to deliver tangible benefits to pensioners beyond their regular pension payouts.
Speaking at the inauguration, Ms. Oloworaran emphasized the importance of PenCare, highlighting the challenges many pensioners face in accessing adequate healthcare due to financial constraints and other logistical hurdles. She expressed confidence that the Board of Trustees, comprised of experts from various fields, will bring their wealth of experience and expertise to bear in shaping the strategic direction of PenCare and ensuring its successful implementation.
The composition of the Board of Trustees reflects a diverse range of skills and perspectives, intended to ensure a holistic and effective approach to pensioner healthcare. The individuals selected for the board are expected to guide PenCare in developing sustainable healthcare solutions tailored to the unique needs of Nigerian retirees.
The inauguration of the PenCare Board of Trustees signifies PenCom's commitment to enhancing the overall welfare of pensioners. By prioritizing healthcare, PenCom aims to provide retirees with a greater sense of security and improved quality of life during their retirement years. The initiative is expected to generate positive ripple effects, contributing to a more dignified and fulfilling retirement experience for countless Nigerians. The industry now awaits further details from the board concerning the specifics of the healthcare packages and enrolment processes.
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Politics