Pension Fund Contribution (Right Or Wrong) - Nairaland / General - Nairaland
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| Pension Fund Contribution (Right Or Wrong) by PonDonCras(m): 4:16pm On Nov 13, 2014 |
IS IT UNFAIR FOR PENSION FUND CONTRIBUTORS TO HAVE FULL ACCESS TO WHAT HE/SHE HAS CONTRIBUTED RATHER THAN GO THRO THE PUNISHMENT OF RECEIVING MEAGRE AMOUNT AFTER THE LOST OF ONES JOB OR AT RETIREMENT AS THE CASE MAY BE? PLEASE LETS SPEAK OUT |
| Re: Pension Fund Contribution (Right Or Wrong) by idealsico(m): 6:45pm On Nov 13, 2014 |
It is part of governments strategy to encourage employees to MAKE HAY WHILE THE SUN IS SHINING. If people are allowed to dip their hands into the pension funds, the purpose will be defeated. Just forget you have such money and work so hard. I believe you will be happier when it matures. |
| Re: Pension Fund Contribution (Right Or Wrong) by PonDonCras(m): 7:03pm On Nov 13, 2014 |
what if someone wants to use the total money available rather than paying it on monthly instalment when odinarily if you have the whole money you can start something meaningful in life. |
| Re: Pension Fund Contribution (Right Or Wrong) by blank(f): 9:03am On Nov 14, 2014 |
PonDonCras: You can do that. I think the limit is up to 60% of your contribution can be given upfront. Not too sure sha. Confirm from your pension fund provider. But I know you can get lump sum payments. |
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