As Artificial Intelligence (AI) continues to reshape industries across the world, concerns about job security and long-term financial stability have taken center stage. In Nigeria, however, the National Pension Commission (PenCom) has stepped forward to reassure workers that the growing influence of AI will not endanger their retirement savings or pension benefits. In fact, the Commission insists that technology will strengthen, not weaken, the country’s pension system a message that reinforces confidence that AI won’t threaten workers’ retirement in Nigeria.
Speaking at the 2025 Labour Writers Association of Nigeria (LAWAN) Conference in Ibadan, PenCom’s Director-General, Ms. Omolola Oloworaran, addressed the theme “Future of Work in the Era of Artificial Intelligence: A Wake-Up Call for Stakeholders.” She emphasized that AI and digital transformation represent opportunities to enhance pension administration, improve efficiency, and protect contributors’ future.
According to Oloworaran, “Technological innovation is no longer optional; it is the foundation of sustainability in pension administration.” This philosophy has driven PenCom’s latest initiative, Pension Revolution 2.0, which aims to fully integrate technology into the nation’s pension framework.
Through this reform, PenCom is automating major processes such as the issuance of Pension Clearance Certificates, ensuring that benefits are processed faster and more efficiently. The new system also introduces a redesigned Personal Pension Plan (PPP), built with user-friendly digital features to make registration and management seamless for contributors across the country.
By embracing AI and digital transformation, PenCom is taking proactive steps to ensure that Nigerian workers’ retirement funds remain secure and easily accessible. The Commission’s efforts signal a forward-thinking approach — one that aligns the pension industry with the realities of the modern digital economy while safeguarding the rights and futures of contributors.
Ultimately, PenCom’s position sends a clear message of optimism: AI won’t threaten workers’ retirement in Nigeria. Instead, it will drive innovation, transparency, and sustainability within the pension system, ensuring that the nation’s workforce can look forward to a more secure and tech-enabled retirement future.
What's Your Reaction?
Leave your vote
