EFFECT OF PENSIONS FUND MANAGEMENT ON RETIREES IN NIGERIAN POLICE FORCE

ABSTRACT

Pension as a scheme is designed to cater for the welfare of the pensionable retired workers. The working lives of employees move continuously towards a certain direction i.e from employment, to growth, to retirement. The main aim of this research is to ascertain the Effect of Pension Fund Management on Retirees in Nigerian Police Force. The study covers the existing administrative system of the centralized police pension offices and their various attempts to satisfy the increasing needs of retirees all over the federation. The main objective of this study is to examine the effect of pension fund management of retirees in Nigeria and so ascertain the problem of weakness in the administration system. Two hypotheses were tested, the null hypotheses was rejected and the alternative accepted. Questionnaire were formulated based on the hypotheses and were distributed. The recommendation was that more competent officers should be recruited to handle the growing need in the pension office and that then commission should intensity effort at ensuring timely remittances of benefits to the Retirement savings Accounts (RSA) by firms, Employees and employers.

 

 

 

 

 

 

 

 

TABLE OF CONTENTS

 

CHAPTER ONE

1.0 Introduction

1.1

Background of the Study

1.2

Statement of Problem

1.3

Objective of the Study

1.4

Research Questions

1.5

Statement of Hypotheses

1.6

Significance of the Study

1.7

Scope and Limitation

1.8 Brief Historical Background of the Police

1.9 Definitions of Terms

 

CHAPTER TWO

2.1      Historical Background

2.2      History of the Police Pension Office the Police and Other

Government

2.3      Prospect of the Police Pension Office

2.4      Review of the Past literature

2.5      Funding of Pension Civil Service

2.6      Schedule Service

2.7      Pension and Gratuity of Deceased Officers

2.8      Operational Structure and Forced Organization

2.9      Ranks

2.10    Force Management Improvement in Performance and Ethical

Policing                                             

2.11    The Need for Sanity in the Police                   

2.12    Supervision and Job Performance in the Police

2.13    Theoretical Framework                                                     

2.14    The Objective of the New Contributory Pension

Scheme in Nigeria

 

CHAPTER THREE

 

3.1

Introduction

 

3.2

Research Design

 

3.3

Sources of Data

 

3.4

Population of the Study

 

3.5

Sample & Sampling Techniques

 

3.6       Research Instruments

3.7       Reliability of the Instrument

3.8       Validity of the Instrument

3.9       Administration of the Instrument

3.10     Method of Data Analysis

 

CHAPTER FOUR

4.1 Introduction

4.2 Distribution of Respondents to Bio data Information

4.3 Hypothesis Testing

 

CHAPTER FIVE

 

5.1

Summary

 

5.2

Conclusion

 

5.3

Recommendation

 

Bibliography

 

Appendix