OgbeniOptional:
Cuz what u earn is community money in Nigeria, u pay for your mother’s brother’s Son/Daughter’s Waec fees, school fees etc. u pay that scarce cash for your children school fees and lesson fees, clothes etc. it is by grace of God to have one low budget 3 bed flat and probably one 1990s Audi or bwm after retirement as a civil servant without corruption in Nigeria. The sad part is most of those lunatic childrens are forming woke to that same parents who sacrificed their sweat. I would do anything for my parent. They suffered a lot

Nice2023:
Why do most govt employees end up retiring very poor and wretched.

What might have caused it?

Love800:
Pls i have a question.

Does pension have expiring date? Will there be a time a certain individual will not be collecting pension again?

Can you just collect all your pension once nd neva expect any pension money again? Is it a must dat u will be collecting it monthly?

Is it from ur salary dat the govt extract this pension from? Or its the govt dat pay u from their own money?

I heard people collect pension as low as 20k monthly. Pls is this true? And does ur area of specialization(department) determine how much u will get paid as pension? because someone told me dat oil workers in govt collect pension as high as 400k monthly.

TradingGod:


Poverty is a state of the mind

It is caused by lack of knowledge

If you know how to play football like lionel messi, you will be swimming in millions of dollars by now


Knowledge over money

Nice2023:
Why do most govt employees end up retiring very poor and wretched.

What might have caused it?

Love800:
Pls i have a question.

Does pension have expiring date? Will there be a time a certain individual will not be collecting pension again?

Can you just collect all your pension once nd neva expect any pension money again? Is it a must dat u will be collecting it monthly?

Is it from ur salary dat the govt extract this pension from? Or its the govt dat pay u from their own money?

I heard people collect pension as low as 20k monthly. Pls is this true? And does ur area of specialization(department) determine how much u will get paid as pension? because someone told me dat oil workers in govt collect pension as high as 400k monthly.

Felixv:
it's not just civil servants -but anyone who does not plan for the future would retire poor. But the way things are in this country many people would definitely retire poor or would work forever.

a pension plan is a must
medical plan
your own personal house -no matter how small
invest in your children (if you have any) and try to have a stable home.
With poor salary you can’t plan

MrBrownJay1:
the world is designed to make you SURVIVE as a gov employee, not to get rich from it.

Christistruth03:
if you are in the Government dept. dealing with Agriculture or Construction you can do extremely well
have you ever wondered why retired Presidents and Generals in Nigeria often take up Agriculture in a big way like Obasanjo and Jonathan
it is very Lucrative if you have the right technical knowledge

Wodu89:



Here's the answer. It's called a matrix. And it's designed to keep victims in a complex, perpetual, cyclical maze that they never get out of till death

ultimateprof:
The life style of many civil servants are what I called improper fraction.

Hamachi:
HmmmmmmSad truth😥😥😥😥😥 This real-life story of Uncle Owusu, after living in the UK for 38 years and at the age of 71, Uncle Owusu finally relocated to Ghana this year—to live in his 6-bedroom mansion which took him 9 years to complete.

Apparently, now in Ghana and in his mansion, Uncle Owusu lives in the living room of the house while his caretaker lives upstairs in his huge master bedroom. This is because Uncle Owusu cannot climb the stairs without the help of another person. Even with help, it will take him 15 minutes to make the climb.

As such, Uncle Owusu has decided to stay downstairs of his mansion (in the living room) as all 6 bedrooms are upstairs. The house has a living room, toilet, and kitchen downstairs and 3 rooms on the first floor, and another 3 (including the master bedroom) on the second/last floor.

This is surely not how Uncle Owusu anticipated his retirement. But that is the reality of his journey. This will be the life of many other Africans living abroad—building mansions back home without caring about their old age.

In fact, if you are building a dream house for yourself to live in and by 50 years that house is not done, forget it.

Uncle Owusu almost wasted 38 years of his life doing menial jobs abroad hoping to go and retire back home in his mansion and enjoy life. Now, he has no life to enjoy and someone is really enjoying the mansion.

Like most aged persons, Uncle Owusu is not even able to enjoy a bottle of malt at his age—because that will shoot up his sugar level. Yet, he said he was working hard all his life to enjoy his best life which included eating and drinking the finest when he retires.

Now, he is only able to eat salads—and even that, without dressing. He cannot even chew any of the fine meat out there without his cholesterol sending warning signs.

How is this life and the great retirement? Yet, this will be the life of more than half of us.

The solution is to take mini-retirements now and enjoy your life and luxury now.

Life starts when you start.

Join www.above50football.com today

mastermaestro:
Most of you are shouting 'poor planning' , 'they are lazy' , depending on 'single income' and other nonsensical insults. Is this the same reason why more than 70% of Nigerians are also poor? Those of you shouting private business up and and down, how many private business owners are doing well? How many privately employed Nigerians live above poverty?

The real issues here are poor pay, delayed gratuity, irregular pension, skyrocketing inflation, nonexistent public health scheme, lack of welfare support for children and the elderly. All of these are traceable to bad governance.

People doing fraud and be screaming side hustle. Nonsense!

Nice2023:
Why do most govt employees end up retiring very poor and wretched.

What might have caused it?

MrBrownJay1:


after stealing lands by the millions of acre, no wonder so many ex president go into Agric/consruction biz.

Christistruth03:
without Stealing Land you can do very well in Agriculture
But you will need to rent the Land

solmusdesigns:
Their salary scale and pension can't make them rich

Hamachi:
HmmmmmmSad truth😥😥😥😥😥 This real-life story of Uncle Owusu, after living in the UK for 38 years and at the age of 71, Uncle Owusu finally relocated to Ghana this year—to live in his 6-bedroom mansion which took him 9 years to complete.

Apparently, now in Ghana and in his mansion, Uncle Owusu lives in the living room of the house while his caretaker lives upstairs in his huge master bedroom. The house has a living room, toilet, and kitchen downstairs and 3 rooms on the first floor, and another 3 (including the master bedroom) on the second/last floor.

This is surely not how Uncle Owusu anticipated his retirement. But that is the reality of his journey. This will be the life of many other Africans living abroad—building mansions back home without caring about their old age.

IbeOkehie:


Well, I'm well into middle age and I've lived in the USA for over 30 years and I'm quite sure I'm not moving to Nigeria to live even in retirement. Granted, one can never predict everything, but that's my outlook for now.

Also, I'm seeing more and more middle aged to elderly Nigerians WITHOUT any children here in the USA move here bringing their children with them. I know for a fact that many of them intend to live here for the rest of their lives.

Also I've noticed the working age or recently graduated Nigerian immigrants coming to the USA in the last decade or so are doing things or taking steps that send the unmistakable signal that they're not going back to LIVE PERMANENTLY in Nigeria, ever.

I could be wrong, just my own first hand observations. Since the 1970's many Nigerians have left the USA and gone back to live permanently in Nigeria. It didn't turn out well for the majority of them and their experiences have been duly noted. Nigeria has gotten so bad that the risk of moving back is now off the charts.

Still, you might see me settling down in Lagos or PH tomorrow. Or my dead body will end up in my village against my wishes.

Life is funny. To each their own.

IbeOkehie:


Really? Granted there's always unforeseen circumstances but most middle class workers in the USA who take BASIC steps to plan their retirement can maintain a good lifestyle on Social Security.

I know and have experienced enough about Nigeria AND the USA. All considered, the USA is a better place for retirement. It takes a little bit of planning though....just a little bit, nothing major. That includes living a healthy life, there's large scale, long duration studies that show the kind of lifestyle choices that are most likely to keep one living a reasonably independent life even at 80, 90 years old.

Many rich people in their 50s are now leaving Nigeria to live in the USA. From what I see it seems they started putting things in place 10 to 20 years ago. Maybe they knew something

When I read all these claims about how the USA is a terrible place to live...I have to wonder if it's the same country I've been living in for over 30 years. Maybe I'm dreaming...

Nazgul:

Most got employed with SSCE so they remained on the same level for years, and by the time they retire, their salaries is still not enough for their large family. This happens mostly in the military and para-military.

As for state government workers, that one is slavery on its own. Most states pay peanuts and some useless governors would still owe salaries.

NoToPile:
Lool

Whats the difference between a civil servant and those in private sectors? People still work for companies and become wretched after retirement. I really don't get the point.


What of those who despite earning peanuts are still fair off after retirement?


I think the problem some people are having with civil servants is the so called regularity of their salaries.

Anyway not all govt workers earn peanuts, there are decently paid govt workers too.