People die after retirement because of psychological problems – Maiyaki
How has life been retirement? Did you do retirement? anything for you in
I will not say I adequately prepared for retirement. However, the day you are employed is the day you should start preparing for retirement. But, when you are retired abruptly, even if it is just one hour earlier, you must have some obstacles. You can quickly adjust and take off where you stopped. But, I am ok.
Did you make any preparation for retirement?
Yes, I did. You know retirement is a psychological thing. It is not how much you have and not how much or the kind of job you are prepared to do. But first of all, psychologically, you have to be prepared. Today many people die after retirement because they were not prepared and they could have millions or billions with them. First, they wake up and don’t have any place to go to. Secondly, their sources of living have been blocked. The status they had in the office has gone and this can jolt one. But psychologically, if you are prepared, you should know that these things will be withdrawn, and you are going to leave a life different from what it used to be. I will say I got the shock of retirement but it was not long. Now, I am contented.
I went to do what I was already doing like conducting management training, consulting and so on which I still do until today. I was also trained to set up small businesses which till today help my wife to grow her business. So when I teach in the classroom, I try applying it also in my home.
Did you have any problem assessing your retirement pension?
No, I did not. After 11 months, I started receiving my pensions. When you retire, you are expected to go to PenCom and submit your papers. Other than that, I never went there. My pension Joseph Yakubu Maiyaki retired from active service in 2010. He was a former Director General of Centre for Management Development (CMD). In this exclusive interview with he says psychological preparation is essential before retirement to avoid untimely death. He shares his experiences as a retiree. administrator just called me and we discussed on how I would want my retirement benefits to be managed and we agreed to it and I signed my papers. Since then, I have been receiving my pension entitlements regularly.
What is your general perception of retirement and pension in Nigeria?
The general perception and my experience is that yes, you can’t get what you are earning, but at least one should get
Joseph Yakubu Maiyaki