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Plan your retirement with confidence. Calculate your expected pension balance based on your contributions and investment returns.
Enter your information and click calculate to see results
According to the Pension Reform Act (PRA) 2014, employees contribute a minimum of 8% of their monthly emolument, while employers contribute a minimum of 10%. This calculator uses your employee contribution rate.
Your pension funds are invested by licensed Pension Fund Administrators (PFAs) in approved investment instruments. Historical returns vary, but this calculator uses your estimated return rate for projections.
The standard retirement age in Nigeria is 60 years or after 35 years of service, whichever comes first. You can adjust this based on your specific circumstances.
This calculator provides estimates only. Actual pension balance will depend on various factors including investment performance, salary changes, and regulatory updates.