Information Commissioner advises workers to embrace Pension Saving Scheme

The Commissioner of Information and Strategy, Comrade Umar Garba Pella, has advised workers to embrace the Pension Saving Scheme so as to ensure smooth transition from the civil service to life in retirement.
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By Tina Shedrack 

The Commissioner of Information and Strategy, Comrade Umar Garba Pella, has advised workers to embrace the Pension Saving Scheme so as to ensure smooth transition from the civil service to life in retirement.

Represented by the permanent Secretary of the Ministry Alhaji Salihu Buba, the commission was speaking at a briefing of Director and head of parastatals under the ministry on the Pension Saving Scheme in Yola.

He advised workers to plan ahead and save for their retirement adding that there are various ways to prepare for worthy life after leaving the civil service.

The leader of the team from First Bank of Nigeria, Mr Ojobo Prosper proper explained that civil servants should cultivate the practice of planning and saving part of their earning for retirement.

He said such investment saving can be due monthly, yearly or quarterly, depends on choice, adding that keeping   small savings with a disciplined culture will go a long way in preparing workers to smoothly settle down on retirement.

Mr ojobo explained the difference between fixed deposit and pension saving pointing out that only workers aged between eighteen and sixty four’s are eligible for the investment saving plan.

In a closing remark, the General Manager, Adamawa Television Authority Alhaji Ibrahim Buba thanked the ministry and First Bank for initiating the sensitization on investment retirement plan, adding that staff will avail themselves of the saving scheme.

There were question and answers session as well as group photograph.

 

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