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The Director General of the National Pension Commission, Omolola Oloworaran has acknowledged that the continuing pension reforms have improved the welfare of retirees and led to pension asset increase which now stands at N31.4 trillion.
Speaking on Tuesday on the 2026 PenCom Conference for journalists in Abuja, Oloworaran mentioned the theme of convention “Reform to Reality” is reflecting on retirees.
The DG mentioned for the primary time below the Contributory Pension Scheme (CPS) retirees acquired throughout board will increase by means of Pension Boost 1.0 which raised month-to-month pensions for greater than 241,000 retirees from N12.15 billion to N14.83 billion, with some low degree retirees seeing as much as one hundred pc enhance.
