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Nairaland Forum / Nairaland / General / Career / Please Can You Explain What An Employer Means By These Terms (538 Views)
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Please Can You Explain What An Employer Means By These Terms by nurey(m): 7:16am On Jan 26, 2020 |
1. We are a contributor to National pension scheme. What are the benefits of pension scheme if truly an employer pays it for it's workers. 2. We are a contributor to the national housing scheme, I don't even understand how this works in Nigeria. Thank you cc lalasticlala, mynd44, seun |
Re: Please Can You Explain What An Employer Means By These Terms by blackboy(m): 7:26am On Jan 26, 2020 |
Deduction will be made from your salary monthly apart from tax for pension and NHF. By these deductions you are entitled to pension after retirement and to collect loan for a house from FMB or collect the money contributed in full once you attain the age of 60. |
Re: Please Can You Explain What An Employer Means By These Terms by nurey(m): 7:36am On Jan 26, 2020 |
blackboy: Okay sir thanks for these explanation. What if I leave the coy before attaining 60 or I die before then? |
Re: Please Can You Explain What An Employer Means By These Terms by Asquare84(m): 7:47am On Jan 26, 2020 |
nurey: Your next of kin will inherite the money |
Re: Please Can You Explain What An Employer Means By These Terms by radautoworks: 12:07am On Jan 27, 2020 |
nurey: If you leave the company you take it with you to your next job that's why you are required to have a national number issued by the government. You can also cash it out with a penalty. |
Re: Please Can You Explain What An Employer Means By These Terms by nurey(m): 5:46am On Jan 27, 2020 |
radautoworks: thanks ma 1 Like |
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