THE PROBLEMS AND CHALLENGES OF NIGERIA CONTRIBUTORY PENSION SCHEME TO NIGERIA CIVIL SERVANTS

📄 Project Abstract

This research work is on the problem and challenges of Nigeria contributing pension scheme to Nigeria civil servants specifically as it effect regular payment of pension, arrear/debt of pension, issue of ghost pensionnaire, effect of change of jobs and pension administrator and the level of implementation and supervision of rules, regulation and standards in the industry. The researcher employed questionnaire, chi-square for the research work. This method was applied because information could be source from Nigeria Civil Servants PenCom workers and pensionnaire retirees. The result indicate that payment of pensionnaires are not regular, arrears/debt of pensionnaires has not been cleared, issued of ghost worker are still not cleared, and low level implementation and supervision of rules and regulation of PenCom; all these constitute problems and challenges for PenCom and pensionnaires. Finally, Having found the above problem and challenges of Nigeria pension scheme to Nigeria Civil Ser...