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How Much Is The Pension Of A Retired Nigerian Civil Servant by Oledia(m): 3:59pm On Aug 24, 2019 |
Greetings to you all. I have tried to make some research on the pension structure of retired civil servants in Nigeria but could not achieve much result. I therefore resort to this platform hoping to get the right answers from the right people here. I wish to know how much do retiree earn per month as pension base on the grade they retired with. So, if you don't mind pls tell me/us the little you know about the pay of pensioners in Nigeria. Thank you. |
Re: How Much Is The Pension Of A Retired Nigerian Civil Servant by Mattyok: 4:54pm On Aug 24, 2019 |
The amount to be paid is dependent on the Retirement Savings Account of the retiree. |
Re: How Much Is The Pension Of A Retired Nigerian Civil Servant by PatrickOkunima(m): 5:49pm On Aug 24, 2019 |
It's a percentage of the workers last basic monthly pay. The percentage depends on the number of years served. E.g. if you served 35 years, the percentage could be 90%. This is just an illustration. |
Re: How Much Is The Pension Of A Retired Nigerian Civil Servant by Luizkid(m): 2:17pm On Aug 25, 2019 |
Just lyk someone above said, it's dependent on the balance in your RSA and also age at retirement, gender and final salary. But I must tell you it's not too favorable for retirees who worked long before 2004. So the Pension is not fixed. |
Re: How Much Is The Pension Of A Retired Nigerian Civil Servant by Charleys: 2:33pm On Aug 25, 2019 |
Civil servant, just tell the truth. Do you actually work? Going to work by 12 and leaving by 3pm. |
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