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Latest News: In compliance with the Pension Reform Act 2004, every contributor to the NSITF scheme is hereby advised to update his/her records for the subsequent transfer of the accumulated contributions... click for more

 
 
 
 
Pension Blog

SHOULD YOU WORK BEYOND RETIREMENT AGE?

Whether to work beyond retirement age to cater for your lively hood after retirement is a question that most Nigerian workers dread and really do not have answers to until retirement catches up with them which eventually causes anxiety and makes life miserable at retirement.

WHAT THEN NEEDS TO BE DONE?

  • Determine how you want to live life at retirement: In doing this, one will need to have to answers to the following questions.

1. How many people will be dependent on your retirement benefit?

2. What other things would you like to do at retirement?

3. . What amount of cash inflow do you perceive will be enough to cater for your needs at retirement?

  • Having determined the above, start to prepare now by choosing a Pension Fund Administrator (PFA) and agree on the amount of contribution you think will be enough to enable you meet your needs at retirement.
  • If you desire to have a well structured retirement plan, it will be reasonable to open a Retirement Savings Account (RSA) with OAK PENSIONS LIMITED. Oak Pensions Limited will ensure your dream towards a fulfilled retirement is actualized. At Oak Pensions Limited, Our sole business is making your retirement blissful.

WITH OAK PENSIONS YOU DON’T HAVE TO WORK LONGER THAN YOU SHOULD.