Association calls on workers to have retirement plans

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Association wants employers compelled to remit pension contributions

By Ikenna Uwadileke
The Association of Pension Desk Practitioners of Nigeria (APDPN) on Saturday called on Nigerian workers to develop financial goals and plans toward achieving them before retirement.

In a Communique issued at the end of its 2019 annual conference by Mr Nelson Bassey, Secretary of APDPN, the association urged workers to be pro-active to overcome the challenges confronting the pension sector in Nigeria.

The event which took place from Nov. 12 to Nov.15 in Abuja had the theme “Best Practices in Pension Administration’’.

The communique quoted Dr Chris Egbu, the Director of APDPN, as identifying non-existence of uniform set of rules, regulations and standard for the administration and payment of retirement benefits by states, local governments and the private sector as major challenges.

Egbu added that low level of financial literacy among workers had also led many into suffering after…



Source: News Agency of Nigeria