THE MANAGEMENT OF PENSION SCHEME IN NIGERIA (PROBLEMS AND PROSPECTS)
ABSTRACT
This research work is on the topic, “The Management of Pension Scheme in Nigeria (Problems and Prospects).
The work is divided into five chapters; chapter one deals with the introduction, statement of the problems, objectives of study, significance of the study, research questions, scope and limitations and definition of terms.
Chapter two covers literature review, historical development and so on. Chapter three covers research methodology which includes sources of data, population of study, instruments used and validity of data, population of study, instruments used and validity of the instruments.
Chapter four deals with the summary of findings and discussion of findings. Chapter five deals with the conclusion and the recommendation after going through the whole research work.
CHAPTER ONE
CHAPTER ONE: INTRODUCTIONÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 1
- Background of the Study                                        1
- Statement of the Problem                                4
- Objective of the Study                                     4
- Significance of the Study                                        5
- Research Questions                                         6
- Scope and Limitation of the Study                    7
- Definition of Operational Terms                        8
CHAPTER TWO
2.1. Review of Related Literature                             12
2.2Â Historical development of pension scheme
in Nigeria                                                       12
- Types of Retirement Benefit Schemes Approved
by Joint Tax Board                                          14
- The need for pension scheme in Nigeria             16
- Function/Rule of Pension Scheme                      19
- The Benefit of Pension Scheme                         20
- Role of the approval of Retirement
Benefit Scheme                                              21
- General Administration of Pension Scheme
in Nigeria                                                       22
- Circumstance for Payment of Benefits                24
- Problems of Pension and Gratuity Schemes
in Nigeria                                                       26
CHAPTER THREE
- An Overview                                                  31
- Sources of Data                                              31
- Location of the Study                                      32
- Population of the Study                                   32
- Sample Size of the Study                                        33
- Instrument Used in Determination of Sample Size      34
- Validity of the Instrument                                35
- The Statistical Method of Data Presentation
and Analysis                                                   35
3.9 Data Presentation and Analysis                         36
CHAPTER FOUR
- Summary of Findings                                      39
- Discussion of Findings                                     4
CHAPTER FIVE
- Conclusion                                                     41
- Recommendations                                          42
Bibliography                                                   45
Questionnaire                                                 46
CHAPTER ONE
INTRODUCTION
1.1Â BACKGROUND OF THE STUDY
Many Nigerians today hardly understand what pension scheme is all about. Though some employers have established occupational pension scheme while other have not a predicated the value of pension scheme.
Those that have not appreciated the value of pension scheme should be encourage ed to do so immediately while the efforts of the progressive employers that provide adequately for the needy should be emulated. While introducing this subject matter of this project, it is necessary that a brief definition of pension be given. Pension is defined as a series of regular payments by an employer or the government to former employee who has reached his normal working life.
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THE MANAGEMENT OF PENSION SCHEME IN NIGERIA (PROBLEMS AND PROSPECTS)