Prosper123:
We Nigerians are hypocrites. Stop complaining. Many of us complaining against the government will do much worse when given the office. We are complaining now because we have not seen the opportunity. When we are given the opportunity you will see. Check the little positions we handle as normal people, you will notice how wicked and heartless and greedy we are. In that way and condition, the life cycle of evil and wickedness continues untouched.

alexistaiwo:
If hell is real. We Nigerians have little or nothing to worry about ending up there. We have had enough Pre-season

hahn:
Lol

Even our ancestors dey suffer for naija

raumdeuter:
For European retirees, while working a portion of their income is deducted and kept for them, this portion is disbursed back to them after they retire. As social security checks

For Nigerians do the govt deduct a portion of their income while working and keep for retirement. Please help clarify

IMASTEX:

You get mouth. . .Lol.
I heard the ancestors are even lobbying to use underground tunnel to Europe

Explorers:
Some civil servants salary, including promotion and annual increments.



₦200, 000 × 12Months = ₦2, 400, 000per annum


₦2, 400, 000 × 35years = ₦84, 000, 000


₦84m, if a civil servant decides to save his entire income for 35yrs without spending a dime.







State civil servants will earn far far less than this.



Some politicians will earn more than ₦84m in a year while serving just 4years in an office.

nestic:
the exert definition of bad and good government...infact now the problem is we dont even know who to blame anymore...
call buhari "he is in london for medical check-up"...
call lai Muhammed "he lies"
call dinomelayi {soorrry if i spelt it wrong} he shows us his cars.
am tired of this country infact am leaving to Zimbabwe....mugabe is gone

Explorers:
Came across this on facebook.



When our old parents have laboured so hard to serve their fatherland, the government for 35years.

But they have to queue for days, weeks, months to get paid.


Some have even died trying to get their pay.

raumdeuter:
For European retirees, while working a portion of their income is deducted and kept for them, this portion is disbursed back to them after they retire. As social security checks

For Nigerians do the govt deduct a portion of their income while working and keep for retirement. Please help clarify

gypsey:
err..not entirely true! have you heard about someting called state pension?

they have only started deducting from salaries recently. 2 years ago.

raumdeuter:
For European retirees, while working a portion of their income is deducted and kept for them, this portion is disbursed back to them after they retire. As social security checks

For Nigerians do the govt deduct a portion of their income while working and keep for retirement. Please help clarify

Mekanus:
Nigeria is so Fu^cked up. The government deducts workers salary in the name of pension fund but when it's time to pay pensioners, they start telling them bullshit. Just like Dave Umahi, he has been paying pension in the media, but in reality no Ebonyi pensioner has received even a dime. It really sucks to be a Nigerian.

raumdeuter:
For European retirees, while working a portion of their income is deducted and kept for them, this portion is disbursed back to them after they retire. As social security checks

For Nigerians do the govt deduct a portion of their income while working and keep for retirement. Please help clarify

Explorers:



Lol.....True

Come today, come tomorrow, verification, screening.


Bring your tax receipt from 30years back, NEPA bill from 25years back, your children's school fees receipts since Nursery 1 to University level.

Explorers:
Some civil servants salary, including promotion and annual increments.



₦200, 000 × 12Months = ₦2, 400, 000per annum


₦2, 400, 000 × 35years = ₦84, 000, 000


₦84m, if a civil servant decides to save his entire income for 35yrs without spending a dime.







State civil servants will earn far far less than this.



Some politicians will earn more than ₦84m in a year while serving just 4years in an office.

MaziOmenuko:


Yes, it is done. But then the money is looted and relooted so when the current governor comes to office, he has to pay from the state funds rather than pension funds because it is nowhere.

OBJ started a reformed pension scheme where Pension Fund Administrators (PFA's) now keep the funds. The pension scheme extends to every worker, not just govt workers. They keep a 25% percentage of your basic pay (8.5% from you, your employee pays the remaining) so when you retire, the PFA's pays your pension.

Why it is still complex now is because these guys on the pix belongs to the era of the pre PFA scheme where govt had access to all the pension funds. Soon, when people retire, pension will be paid by PFA's and it wont take this rigorous process.

raumdeuter:


Okay this is getting clearer. So the gratuity and the pension owed has been deducted from these peoples salary In their working days. So the money was deducted and saved where? ministry of finance account or what. Do the retired workers have a statement of account issued to them showing how much total was deducted over their working years to show how much they'll be entitled to in retirement.

Even Nigeria with all these inflation sef. Imagine someone who retired in 1995 on a salary of 10k a month maybe good money then, how much would they have deducted to be paid back now that will make sense for survival In this today's economy

mayorkyzo:
Nigeria is one of the worse countries to be a civil servant...after 35yrs then your suffering begins...
First u need to be paid your gratuity before you start collecting pension,but to collect the gratuity takes donkey years...we've truly lost it in this country...

Jiang:
Be like Jiang, start planing for retirement even b4 you start working, I already have a retirement account on fixed deposit, I just dump a quarter of my yearly profits inside it, while I scope the interest on top & give it to the less previlage since islamically I can't chop dat interest personally



Stupid NYSC making me stuck in a village for miserly 20k, while my business can't progress for the next 6-8 months, fuvking cursed country

Explorers:
Some civil servants salary, including promotion and annual increments.



₦200, 000 × 12Months = ₦2, 400, 000per annum


₦2, 400, 000 × 35years = ₦84, 000, 000


₦84m, if a civil servant decides to save his entire income for 35yrs without spending a dime.







State civil servants will earn far far less than this.



Some politicians will earn more than ₦84m in a year while serving just 4years in an office.

Cromagnon:
leave the nysc na

Jiang:


Can't, Don wanna disappoint my parents after all these years of investment, I have to go for MSC which ain't possible without the NYSC cert

raumdeuter:
For European retirees, while working a portion of their income is deducted and kept for them, this portion is disbursed back to them after they retire. As social security checks

For Nigerians do the govt deduct a portion of their income while working and keep for retirement. Please help clarify