ABSTRACT
The research study titled ‘’Pension and Gratuity Administration in Nigeria Problems and solution’’ A case study of Kogi State Pension Board, Lokoja, shows the problems of poor and non-implementation of pension and retirement benefits payment for several years and another problem of delay in payment of pension and gratuity. This research work is written with the objectives to evaluate the problems and to improve the administration of pension and gratuity. Data of this study were collected from primary and secondary sources. The efficiency of the field work from the fourty respondents were validated using statistical instruments known as simple percentage and chi-square method respectively. Findings shows that pension and gratuity can be effectively administered in Kogi State and also indicates that there are problems encountered in the administration of pension and gratuity and that benefits are not being paid to the beneficiaries as at when due. Recommendations were also made that there should be improvement in the administration of pension and gratuity, the staff of the pension board should be well trained to ensure adequate accountability and all retirement benefits should be paid to beneficiaries as at when due.
TABLE OF CONTENTS
Title page . . . . . . . . i
Approval page . . . . . . . ii
Dedication . . . . . . . iii
Acknowledgement . . . . . . iv
Abstract . . . . . . . . v
Table of contents . . . . . . vi
The research study titled ‘’Pension and Gratuity Administration in Nigeria Problems and solution’’ A case study of Kogi State Pension Board, Lokoja, shows the problems of poor and non-implementation of pension and retirement benefits payment for several years and another problem of delay in payment of pension and gratuity. This research work is written with the objectives to evaluate the problems and to improve the administration of pension and gratuity. Data of this study were collected from primary and secondary sources. The efficiency of the field work from the fourty respondents were validated using statistical instruments known as simple percentage and chi-square method respectively. Findings shows that pension and gratuity can be effectively administered in Kogi State and also indicates that there are problems encountered in the administration of pension and gratuity and that benefits are not being paid to the beneficiaries as at when due. Recommendations were also made that there should be improvement in the administration of pension and gratuity, the staff of the pension board should be well trained to ensure adequate accountability and all retirement benefits should be paid to beneficiaries as at when due.
TABLE OF CONTENTS
Title page . . . . . . . . i
Approval page . . . . . . . ii
Dedication . . . . . . . iii
Acknowledgement . . . . . . iv
Abstract . . . . . . . . v
Table of contents . . . . . . vi
CHAPTER ONE: INTRODUCTION
1.1 Background of the study . . . . . 2
1.2 Statement of the problems . . . . 4
1.3 Objectives of the study . . . . . 7
1.4 Significance of the study . . . . . 8
1.5 Research questions . . . . . . 9
1.6 Research hypothesis . . . . . 9
1.7 Scope and limitations of the study . . . 10
1.8 Definition of key terms . . . . . 11
1.1 Background of the study . . . . . 2
1.2 Statement of the problems . . . . 4
1.3 Objectives of the study . . . . . 7
1.4 Significance of the study . . . . . 8
1.5 Research questions . . . . . . 9
1.6 Research hypothesis . . . . . 9
1.7 Scope and limitations of the study . . . 10
1.8 Definition of key terms . . . . . 11
CHAPTER TWO: REVIEW OF RELEVANT LITERATURE
2.1 Introduction . . . . . . . 13
2.2 Conceptual clarification . . . . . 14
2.3 New pension reform act . . . . . 16
2.4 The welfare of Nigerian pensioners . . . 18
2.5 Reasons of retirement . . . . . 20
2.6 Management of retirement benefit . . . 22
2.7 Procedure of pension and gratuity in Nigeria . 24
2.8 Problem of retirement benefit . . . . 26
2.1 Introduction . . . . . . . 13
2.2 Conceptual clarification . . . . . 14
2.3 New pension reform act . . . . . 16
2.4 The welfare of Nigerian pensioners . . . 18
2.5 Reasons of retirement . . . . . 20
2.6 Management of retirement benefit . . . 22
2.7 Procedure of pension and gratuity in Nigeria . 24
2.8 Problem of retirement benefit . . . . 26
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Research design . . . . . . 29
3.2 Areas of the study . . . . . . 29
3.3 Population of the study . . . . . 30
3.4 Sample of the study . . . . . 30
3.5 Method of data collection . . . . . 30
3.6 Administration and retrieval on instrument . 31
3.7 Problem of methodology . . . . . 32
3.8 Method of data analysis . . . . . 32
3.1 Research design . . . . . . 29
3.2 Areas of the study . . . . . . 29
3.3 Population of the study . . . . . 30
3.4 Sample of the study . . . . . 30
3.5 Method of data collection . . . . . 30
3.6 Administration and retrieval on instrument . 31
3.7 Problem of methodology . . . . . 32
3.8 Method of data analysis . . . . . 32
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Data presentation . . . . . . 34
4.2 Data analysis . . . . . . . 35
4.3 Test of hypothesis . . . . . . 41
4.4 Discussion of findings . . . . . 45
4.1 Data presentation . . . . . . 34
4.2 Data analysis . . . . . . . 35
4.3 Test of hypothesis . . . . . . 41
4.4 Discussion of findings . . . . . 45
CHAPTER FIVE: SUMMARY, RECOMMENDATIONS AND CONCLUSION
5.1 Summary . . . . . . . 46
5.2 Recommendations . . . . . . 47
5.3 Conclusion . . . . . . . 49
Bibliography
Appendix/Appendices
5.1 Summary . . . . . . . 46
5.2 Recommendations . . . . . . 47
5.3 Conclusion . . . . . . . 49
Bibliography
Appendix/Appendices
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2016, 01). Pension And Gratuity Administration In Nigeria: Problems And Solution (a Case Study Of Kogi State Pension Board).. ProjectStoc.com. Retrieved 01, 2016, from https://projectstoc.com/read/7063/pension-and-gratuity-administration-in-nigeria-problems-and-solution-a-case-study-of-kogi-state-pension-board-7125
"Pension And Gratuity Administration In Nigeria: Problems And Solution (a Case Study Of Kogi State Pension Board)." ProjectStoc.com. 01 2016. 2016. 01 2016 <https://projectstoc.com/read/7063/pension-and-gratuity-administration-in-nigeria-problems-and-solution-a-case-study-of-kogi-state-pension-board-7125>.
"Pension And Gratuity Administration In Nigeria: Problems And Solution (a Case Study Of Kogi State Pension Board).." ProjectStoc.com. ProjectStoc.com, 01 2016. Web. 01 2016. <https://projectstoc.com/read/7063/pension-and-gratuity-administration-in-nigeria-problems-and-solution-a-case-study-of-kogi-state-pension-board-7125>.
"Pension And Gratuity Administration In Nigeria: Problems And Solution (a Case Study Of Kogi State Pension Board).." ProjectStoc.com. 01, 2016. Accessed 01, 2016. https://projectstoc.com/read/7063/pension-and-gratuity-administration-in-nigeria-problems-and-solution-a-case-study-of-kogi-state-pension-board-7125.
- Related Works
- The Impact Of Fiscal And Monetary Policy In Controlling Unemployment In Nigeria.
- The Impact Of Information Communication Technology (ict) On Business Growth Strategies Of Small And Medium-scale Enterprises (smes) In The Awutu-senya East Municipality Of Central Region Of Ghana
- The Advantage Of Value Added Tax In Terms Of Revenue Generation
- Auditing As An Aid To Accountability On The Public Sector (a Case Study Of Union Bank Plc In Enugu State)
- The Impact Of Financial Planning On The Survival Of The Small Business Organisations
- Effect Of Computer Ont Eh Accounting Profession (a Case Study Of Asaba Aluminium Company Delta State
- Problems Of Personal Income Tax Collection And Management In Nigeria
- An Assessment Of The Accounting System In Private And Public Sector Establishment (a Case Study Of Nigerian Breweries Plc 9th Mile Corner Enugu And Federal Ministry Of Solid Minerals Development Enugu).
- The Roles And Contribution Of Institute Of Chartered Accountants Of Nigeria To Manpower And Economic Development In Nigeria
- Management Accounting Techniques In Manufacturing Firms (a Case Study Of Nigeria Breweries Plc. Aba)