Central Bank conducts retirement training for staff

Central Bank conducts retirement training for staff
Some of the senior staff of the Central Bank (BoSS) who are set for retirement. [Photo: Courtesy]

The sessions, organised for staff set for retirement, were designed to prepare them for a smooth transition from active service into retirement, with special focus on financial readiness, pension management, and psychological adjustment.

By Aguok Chok

Two groups of staff from the Bank of South Sudan (BoSS) who are set for retirement have successfully concluded a pre-retirement training organized by the Compensation and Benefits Division under the Directorate of Administration and Human Resources, in collaboration with White Spring Organization Management Company.

The training brought together Directors, Deputy Directors, staff, and unclassified employees who are nearing retirement.

The sessions were designed to prepare them for a smooth transition from active service into retirement, with special focus on financial readiness, pension management, and psychological adjustment.

The civil servants were taken through the pension scheme, awareness, compliance and risk management, financial planning, sustainability strategies, and life after retirement.

Speaking on behalf of the participants, Madut Luer Bol expressed gratitude for the program and emphasized its value.

He said the training provided him with a deeper understanding of retirement and how to handle the challenges that come with it.

“Never give up, you are still useful to the country,” he told his colleagues, encouraging them to stay positive and active in their communities even after retirement.

Director General for Administration and Human Resources, David Manyuon Nak, highlighted the significance of the training, stating that it was an important step in equipping staff with the right tools for the future.

“This training has equipped retirees with the knowledge and tools to effectively plan for life after their exit from the Bank,” he said. He added that the program reflects the Bank’s recognition of the years of service offered by its employees and the need to prepare them for a dignified retirement.

Also addressing the group, Director of Human Resources, Catherine Kapuki Patrick, reaffirmed the Bank’s commitment to staff welfare.

She stressed that the institution will continue to prioritize the well-being of its employees even as they transition into retirement.

“The Bank is committed to supporting staff by providing timely information and training as they prepare for retirement,” she explained.

For many of the civil servants, the training marked a turning point in how they perceive retirement. Beyond just an end to formal employment, they said the workshop helped them see retirement as a new opportunity for personal growth, community involvement, and self-sustainability.

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