This research work is designed to develop effective strategy for pension
administration in the Nigeria public sector, using pension commission as
a study. The research work reveals how some retirees are forced to
continue to work throughout their life, not out of choice but for lack of
means of sustenance at old age. The sources of data collection for this
work are primary and secondary sources, the researcher in this process of
data collection for the research regarded the questionnaire to serve as the
most important instrument used in the research, and the data gathered
from questionnaire are analyzed by simple percentage, the chi-square
techniques was employed to test the hypothesis and interpret the
information for better understanding. The findings reveal that, a non
effective and efficient strategy of pension administration can be likened
to poor pension administration and budgeted income to pensioners is not
implemented as at when due. The implication were that, committees
should be set up to audit the performance of pension boards and other
pension bodies and responsibility should be assigned to the right people
who must have access to the right information concerning retires and
also retirees should not solely depend on pension after retirement,
alternate plans should be made from day one of the start of one’s
working years, this could include setting aside a percentage of one’s
salary in anticipation of retirement.
TABLE OF CONTENTS
Title Page----------------------------------------------------------------i
Approval Page----------------------------------------------------------ii
Dedication---------------------------------------------------------------iii
Acknowledgement-----------------------------------------------------iv
Abstract------------------------------------------------------------------v
Table of content--------------------------------------------------------vi
List of table--------------------------------------------------------------vii
CHAPTER ONE
1.0 Introduction -------------------------------------------------------1
1.1 Background of the study ----------------------------------------1
1.2 Statement of the problem ---------------------------------------3
1.3 Objective of the study --------------------------------------------4
1.4 Test of Hypotheses ------------------------------------------------4
1.5 Research Questions-------------------------------------------------5
1.6 Significance of the study -------------------------------------------5