After 12 Years, Minimum Pension Guarantee Takes Off November 10 – PenCom

…Sets payment floor limit for low-income retirees
The National Pension Commission (PenCom) has said the long-awaited Minimum Pension Guarantee will start on November 10, ending a 12-year wait since it was enacted into law.
President Bola Ahmed Tinubu is expected to launch the guarantee on Tuesday, November 10, as part of a pension security initiative, if the programme goes ahead as planned. The initiative will also include PenCare, the pension health programme for retirees.
The director-general of PenCom, Ms Omolola Oloworaran, disclosed this on Thursday at the inaugural National Pension Week Leadership Summit in Abuja.
The initiative will include PenCare, the pension health progr...