LASG organises Retirement Seminar for Prospective Retirees, educates them on a wide range of Retirement related Topics
Lagos State Pensions Commission (LASPEC) recently organized a Pre-Retirement Seminar for officers retiring from July to December 2023.
During this seminar, the prospective retirees gained insights into a wide range of retirement related topics, including:, Understanding pension benefits and documentation, Financial planning for retirement, Post-retirement investment strategies, Health and wellness considerations, Transitioning into retirement smoothly, Expert advice and Q&A session.
At the event, the Director-General of Lagos State Pension Commission (LASPEC), Babalola Obilana, charged the retiring public servants on proper documentation to ensure easy access to their retirement benefits.
He said: “Retirement is the next phase of your career and should be extensively planned with the same attention you dedicated to your career progression in the public service. Your retirement journey must be navigated with appropriate knowledge, skills and abilities for optimal fulfillment.”
“This programme is extremely important, as your preparation for retirement will determine your satisfaction with your retirement lifestyle. LASPEC has organised this event to educate you on the necessary documentation required to promptly access your accrued rights and or pension contributions after retirement.”
The DG added that the programme would provide valuable information on managing personal finances in retirement. “After this seminar, we expect them to go back and check their documents to ensure they are complete so there will be no problems. This seminar is held every six months so civil servants can know what they need to do before leaving to ensure they get their benefits easily.”
A Director in the Ministry of Education, Olushoga Olokode, said: “This seminar is to tutor us on what to meet after retirement and what life in retirement will look like. The programme has encouraged many people before now, and it will also encourage us, broaden our knowledge and encourage us that we can still enjoy life after retirement though there may not be enough money. It is a good thing that Lagos State has good plans for us, and it is good that from the day of employment to retirement, there is no cause to regret.”
In her remarks, founder of The Bloombox Platform, Mrs. Inyang Sami-Orungbe, said: “It has always been a great challenge, especially in the civil service, where the earnings are not so significant. And when you come into retirement highly depleted, they need to know how to manage it so they can at least live a decent life. This programme is laudable because it has different options, as it comes to retirement and retirees have been put to a good step.”
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