Home»Banking and Finance» Contributory pension scheme as a panacea for retirement challenges in Nigeria

Contributory pension scheme as a panacea for retirement challenges in Nigeria

 Department:Banking and Finance  
 By:usericon Timmyreign101  

 Project ID: 8252
 Rating:  (5.0) votes: 1
   Price:₦3000
Abstract
This research attempted to investigate the effect of new pension reform on the lives of Nigerian retirees, with specific interest in how it has helped to proffer solutions to their challenges. The purpose of this is to explore the need for better retirement welfare and ensure prompt payment of retirement benefits. Descriptive survey design was adopted. A structured questionnaire was used to obtain data. Data were analyzed using the information obtained from the questionnaires used for the study. Aggregate scores were used to answer the research questions while chi-square was used to test the null hypotheses. The findings revealed that the majority of the retiring civil servants in Edo state have a positive attitude towards retirement. Also, females and married retirees significantly have more positive attitudes than male and single workers respectively. The study recommends among others that the government should do everything possible to sustain and improve the attitude of the civil servants towards retirement. Keywords: Pension reform, Retirees, retirement benefits, Retirement welfare ...
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