The National Pension Commission (PenCom) has expanded eligibility for its PenCare initiative pilot phase to retirees receiving monthly pensions of N150,000, up from N70,000.
The move aims to increase participation and improve healthcare access, Omolola Oloworaran, PenCom’s director-general, told journalists after the third pension industry leadership council (PILC) meeting in Abuja on Monday.
The PenCare initiative, launched in March, is expected to provide free health insurance for low-income retirees under the contributory pension scheme (CPS) nationwide.
Speaking to reporters, Oloworaran said the commission raised the income threshold to attract more participants and generate sufficient data required to evaluate the effectiveness of the pilot programme.
She said the initiative targets 30,000 beneficiaries but has so far enrolled only about 13,000 retirees, making broader participation necessary.
“We need a critical mass to properly test the system. Running a pilot with just 10,000 people will not give
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