Trustfund Pensions tasks youth on pension plans

Da-Souza who Spoke at the 2015 orientation camp exercise for the National Youth Service Corps (NYSC) in Abuja, explained to the youths the need to understand the purpose of pension and how they can begin to plan for their retirement even before they enter the employment arena. Represented by the Company Secretary/Legal Adviser Monica Ani, […]

Da-Souza who Spoke at the 2015 orientation camp exercise for the National Youth Service Corps (NYSC) in Abuja, explained to the youths the need to understand the purpose of pension and how they can begin to plan for their retirement even before they enter the employment arena.
Represented by the Company Secretary/Legal Adviser Monica Ani, she explained that NYSC remain a viable instrument for “catching them young” on pension matters. 
“We look at the participants in the National Youths Service Corps (NYSC) as the future of Nigeria who will be working in a couple of months. These crops of Nigerians represent the future of pension administration in Nigeria. Trustfund feels that they represent a large base of our catchment group hence our decision to involve ourselves more in their activities such as sports,” she said.
The MD added that it is important for future workers to appreciate to plan for life after work even before they begin to work. 
She said, “I think it is very important for them to start to save early in their working carrier to have a good life after working. We want to correct an impression that they are still young to start saving early. We think this is the best time to sensitize them on this very important subject.”
According to her, the cash that retirees have access to at the point of exit is determined by the money they contributed during their working life.