The Director-General of the National Pension Commission, Omolola Oloworaran has urged states to adopt the Contributory Pension Scheme to expedite motion as it’s the solely method to assure dignity of retirees.
Oloworaran made the disclosure in Abuja over the weekend on the Pension Awards night time as a part of actions marking the National Pension Week.
She stated, “This is our inaugural National Pensions Award, the place we’re celebrating excellence, innovation, protection, and dedication to pension reform, dedication to dignity for all younger Nigerians.
“Pension week has been a week-long occasion culminating into the management summit. It’s been a really critical dialog on how we are able to guarantee dignity in retirement for all staff.
“There is also an award for the best states in the country for CPS penetration. We’ll have the most improved states and best-performing states category. And it is a call for those yet to adopt the CPS to do so as it is the only way to guarantee dignity of retirees,” she stated
The PenCom DG defined that the awards “were set aside for pension fund administrators, pension fund custodians, close pension fund administrators, and also employers as well as part of efforts to drive commitment and growth in the sector.”
Oloworaran additional acknowledged the position of the National Assembly within the ongoing pension Act evaluate, including, “Stakeholders should be ready to commit to greater pension coverage, stronger institutions, and a better life for ordinary Nigerians.”
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