Tuesday, June 30, 2026

PenCom urges states to fully implement contributory pension scheme

She said that only 17 of 36 states had fully implemented the scheme.

• November 19, 2025
PenCom
PenCom

The National Pension Commission (PenCom) has called on state governments to fully implement the Contributory Pension Scheme (CPS), stressing that the success of pension reforms depends on adoption at the sub-national level.

Omolola Oloworaran, director-general of PenCom, made the call on Wednesday in Benin at the second run of the 2025 Consultative Forum for states and the FCT.

Represented by Samuel Uwandu, commissioner for inspectorate, Ms Oloworaran noted that the CPS had transformed retirement security in Nigeria, but gaps in state-level implementation continued to undermine financial dignity for millions of workers.

She said that only 17 of 36 states had fully implemented the scheme, 12 had yet to start, and seven were at various stages of establishing pension bureaus.

Ms Oloworaran highlighted key reforms undertaken in her first year, including the timely payment of Accrued Pension Rights and the launch of Pension Boost 1.0.

She also noted the reintroduction of gratuity payments for federal civil servants.

Additionally, she introduced a new Pension Contribution Remittance System, designed to reduce errors and delays in pension remittances.

She also noted the approval of a N758 billion bond to settle legacy pension liabilities and the launch of Pension Revolution 2.0 to expand coverage to the informal sector.

While commending compliant states, she urged others to engage actively, emphasising that pension reform was a national imperative.

Opening the forum, Gov. Monday Okpebholo, represented by the secretary to the Edo State government, Musa Ikhilor, lauded PenCom for hosting the event in Edo, calling it an opportunity for states to harmonise pension implementation.

He underscored the importance of guaranteeing dignity for workers and retirees, stating that consistent reforms and administrative discipline were essential for a secure and comfortable retirement for all Nigerians.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

IDPs

States

Foundation advocates inclusive voter registration for IDPs

Mr Abubakar commended the camp leadership and residents for their orderly conduct and cooperation.

Osun State violence

States

Group petitions IG over rising political violence in Osun ahead of governorship poll

Mr Omotoyosi expressed concern that the killings could trigger a reprisal.

Corps members

States

Don’t jeopardise your future for temporary pleasure, Bayelsa governor tells corps members

Mr Diri commended the corps members for their discipline, resilience and active participation throughout the three-week orientation programme.

Uba Sani of Kaduna State (Credit: Twitter)

Economy

Gov Sani urges corps members to be catalysts of progress in Kaduna

Governor Uba Sani has urged the National Youth Service Corps (NYSC) members in the state to be catalysts of progress by making lasting contributions to their host communities.

A flood scene in Ejigbo LCDA

States

Residents appeal to Sanwo-Olu, LG chairman to tackle Ejigbo flooding

Mr Ogunleye said recurring flooding had damaged vehicles and increased transport costs for operators and commuters in the area.

Bureau of Public Procurement (BPP)

Anti-Corruption

BPP begins verification of redeployed procurement officers

BPP has recently commenced a post-deployment verification for procurement officers on salary grade levels 15 to 17.