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Author : Kolawole Olayiwola
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.F/5 ( download)
Download or read book Pension Schemes' Administration in Nigeria written by Kolawole Olayiwola and published by . This book was released on 2002 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gbitse Barrow
Publisher :
ISBN 13 : 9789780829100
Total Pages : 194 pages
Book Rating : 4.8/5 (291 download)
Download or read book Pension Fund Administration in Nigeria written by Gbitse Barrow and published by . This book was released on 2008 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ifeanyichukwu Michael Ababa
Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (129 download)
Download or read book Contributory Pension Scheme and Management of Retirement Benefits in the University of Nigeria, Nsukka written by Ifeanyichukwu Michael Ababa and published by . This book was released on 2020 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventionally, the upsurge in the level of impoverishment experienced by retirees in the recent decades in both public and private sectors in mostly fused cum prismatic societies has exacerbated following the reluctant abdication of duties and obligatory roles bequeathed to the state via the social contract. Recently, in many developing societies, the state has ethically failed to provide the needed social safety nets for her citizens to enjoy even against those working to see that the day to day affairs of the state are systematically carried out. However, it is at this juncture that the paper consciously set to ethically investigates and at the same time interrogates the voluntary pension contribution and welfare of Retirees and ways of improving the retirement benefits of retirees using University of Nigeria, Nsukka as case study. Data were collected from the University of Nigeria Bursary Department, Pension Fund Administrators and Pension Commission (PENCOM). The paper utilized qualitative method in generating data and it was anchored on Marxian instrumentalist theory to explicate that the New contributory pension scheme is a product designed through the doctrine and practices of Neo-liberal policy, which helps the state through its agency to abdicate its fundamental roles. The findings revealed that there is a marked departure in the retirement benefits of retirees in the old and new pension schemes, with the retirees in the new contributory scheme receiving lower benefits than before. However, the study recommends the right to gratuity and pension for life for public servants and a comprehensive accounting standard for retirement benefits be seriously put in place to protect the pension funds.
Author : Abubakar Faruk
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659115189
Total Pages : 188 pages
Book Rating : 4.1/5 (151 download)
Download or read book Contributory Pension Scheme written by Abubakar Faruk and published by LAP Lambert Academic Publishing. This book was released on 2012-05 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at the Effects of the Contributory Pension Scheme on Retirees' Welfare in Selected Federal Establishments with specific reference to Nigeria. It gives an insight into the peculiarities of the Nigerian pension environment in comparison with Developed countries. The book sheds light on specific causes of dissatisfaction in the several reviews made on the pension scheme in Nigeria for example. The book also chronicles the efforts of countries in their strides towards a virile pension system. This book is a 'must read' for students of Public Administration, Development Administration, Public Policy, Political Science, Economics and Management Science. The book is exceptionally rich in references which would aid further readings. The simplicity of language and pragmatism in demonstrating the effects of the scheme on retirees make the book equally entertaining.
Author : Adesoji Farayibi
Publisher :
ISBN 13 :
Total Pages : 17 pages
Book Rating : 4.:/5 (13 download)
Download or read book The Funded Pension Scheme and Economic Growth in Nigeria written by Adesoji Farayibi and published by . This book was released on 2016 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study provided evidence on the effect of the operation of the funded pension scheme since its inception in 2004 on economic growth in Nigeria using error correction mechanism (ECM) and Ordinary Least Square (OLS) methodologies. Findings revealed that the pension fund contributions from both private and public sectors in Nigeria increased greatly and constituted a huge investment fund in the capital and money markets. This increased liquidity in the economy and created employment opportunities as well as improvement in the investment climate. The study concluded that with good risk and portfolio management by pension fund administrators and custodians, the contributory pension has the capacity to boost the Gross Domestic Product (GDP) in Nigeria and very convenient to retirees compared to the previous defined benefit scheme. The study however recommended the removal of delay payment, administrative bottlenecks and corruption in the management of the pension fund in order to boost economic growth in Nigeria.
Author : Patrick Amaefule Uzoma
Publisher :
ISBN 13 : 9789783025707
Total Pages : 142 pages
Book Rating : 4.0/5 (257 download)
Download or read book Pension Schemes in Nigeria written by Patrick Amaefule Uzoma and published by . This book was released on 1987 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Samuel Pienknagura
Publisher : International Monetary Fund
ISBN 13 : 151359611X
Total Pages : 52 pages
Book Rating : 4.5/5 (135 download)
Download or read book Assessing Chile's Pension System: Challenges and Reform Options written by Samuel Pienknagura and published by International Monetary Fund. This book was released on 2021-09-10 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.
Author : Richard Hinz
Publisher : World Bank Publications
ISBN 13 : 0821381601
Total Pages : 300 pages
Book Rating : 4.8/5 (213 download)
Download or read book Evaluating the Financial Performance of Pension Funds written by Richard Hinz and published by World Bank Publications. This book was released on 2010-01-14 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Countries around the world are increasingly relying on individual pension savings accounts to provide income in old age for their citizens. Although these funds have now been in place for several decades, their performance is usually measured using methods that are not meaningful in relation to this long-term objective. The recent global financial crisis has highlighted the need to develop better performance evaluation methods that are consistent with the retirement income objective of pension funds. Compiling research derived from a partnership among the World Bank, the Organisation for Economic Co-operation and Development (OECD), and three private partners, 'Evaluating the Financial Performance of Pension Funds' discusses the theoretical basis and key implementation issues related to the design of performance benchmarks based on life-cycle savings and investment principles. The book begins with an evaluation of the financial performance of funded pension systems using the standard mean variance framework. It then provides a discussion of the limitations inherent to applying these methods to pension funds and outlines the many other issues that should be addressed in developing more useful and meaningful performance measures through the formulation of pension-specific benchmark portfolios. Practical implementation issues are addressed through empirical examples of how such benchmarks could be developed. The book concludes with commentary and observations from several noted pension experts about the need for a new approach to performance measurement and the impact of the recent global financial crisis on pension funds.
Author : Obi C. Chilekezi
Publisher :
ISBN 13 :
Total Pages : 82 pages
Book Rating : 4.F/5 ( download)
Download or read book Outline of Reformed Pensions Scheme in Nigeria written by Obi C. Chilekezi and published by . This book was released on 2005 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Robert Holzmann
Publisher : World Bank Publications
ISBN 13 : 082136040X
Total Pages : 246 pages
Book Rating : 4.8/5 (213 download)
Download or read book Old-age Income Support in the 21st Century written by Robert Holzmann and published by World Bank Publications. This book was released on 2005-01-01 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past decade has brought an increasing recognition to the importance of pension systems to the economic stability of nations and the security of their aging populations. This report attempts to explain current policy thinking and update the World Bank's perspective on pension reform. This book incorporates lessons learned from recent Bank experiences and research that have significantly increased knowledge and insight regarding how best to proceed in the future. The book has a comprehensive introduction and two main parts. Part I presents the conceptual underpinnings for the Bank's thinking on pension systems and reforms, including structure of Bank lending in this area. Part II highlights key design and implementation issues where it signals areas of confidence and areas for further research and experience, and includes a section on regional reform experiences, including Latin American and Europe and Central Asia.
Author : Godswill Egbe
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783659272776
Total Pages : 108 pages
Book Rating : 4.2/5 (727 download)
Download or read book Portfolio Optimization of Pension Fund Contributions written by Godswill Egbe and published by LAP Lambert Academic Publishing. This book was released on 2013 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pension schemes in Nigeria have run under several operational regimes. Some schemes are with legacies of failures suffering pensioners to the point that some times, retirees die without getting their pension pay outs. This work studies these schemes as reviews and focuses on the new contributory pension scheme of June 2004. Calibrated linear model is applied to check the optimality of current regulation-guided portfolio class compared to 2 other portfolio classes. This simulations uses asset under management as scarce resources constrained on limitations of investment ratios of 3 different asset classes. All results and values from PFAs (Pension Fund Administrator) are based on Nigeria's investment environment within the period under study. This work provides a mathematical model usable to evaluate returns of PFAs. It also advices for approval of other portfolio classes to allow best result from asset class spread for a better performance of contributors' fund in Niegria.
Author : International Labour Organisation
Publisher :
ISBN 13 :
Total Pages : 170 pages
Book Rating : 4.F/5 ( download)
Download or read book Informal Sector in Africa written by International Labour Organisation and published by . This book was released on 1985 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rotimi Ajayi
Publisher : Springer Nature
ISBN 13 : 303050509X
Total Pages : 441 pages
Book Rating : 4.0/5 (35 download)
Download or read book Nigerian Politics written by Rotimi Ajayi and published by Springer Nature. This book was released on 2020-12-03 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume engages in an in-depth discussion of Nigerian politics. Written by an expert group of Nigerian researchers, the chapters provide an overarching, Afrocentric view of politics in Nigeria, from pre-colonial history to the current federal system. The book begins with a series of historical chapters analyzing the development of Nigeria from its traditional political institutions through the First Republic. After establishing the necessary historical context, the next few chapters shift the focus to specific political institutions and phenomena, including the National Assembly, local government and governance, party politics, and federalism. The remaining chapters discuss issues that continue to affect Nigerian politics: the debt crisis, oil politics in the Niger Delta, military intervention and civil-military relations, as well as nationalism and inter-group relations. Providing an overview of Nigerian politics that encompasses history, economics, and public administration, this volume will be useful to students and researchers interested in African politics, African studies, democracy, development, history, and legislative studies.
Author : Nuel Oji
Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (13 download)
Download or read book An Appraisal of the Concept of Trust in the Nigerian Pension Reform Act 2014 written by Nuel Oji and published by . This book was released on 2016 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to 2004, the administration of pension in Nigeria was largely marked by the non-contributory defined benefit scheme. With the coming into force of the Pension Reform Act 2004, the Nigerian pension system was, to say the least, overhauled. A contributory pension scheme was established for every employee under the Pension Reform Act 2004. It also brought along with it a triangular relationship of the employee, pension fund administrator and pension fund custodian. The pension fund administrator was made the exclusive manager of the fund while custody of the funds was the preserve of the pension fund custodian. Though not immediately visible, the concept of trust was central to the relationship between the pension fund administrator, the pension fund custodian and the employee. In 2014, the 2004 Act was repealed and a new Pension Reform Act enacted. However, the concept of trust remained unaffected. This work, therefore aims at examining the relationship between the law of trust and Nigerian pension law. It seeks to unveil the meaning of pension trust with a painstaking analysis of the nature, parties, advantages, breach and remedies of the pension trust created under the Pension Reform Act 2014.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264641335
Total Pages : 224 pages
Book Rating : 4.2/5 (646 download)
Download or read book Pensions at a Glance 2021 OECD and G20 Indicators written by OECD and published by OECD Publishing. This book was released on 2021-12-08 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2021 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the past two years. Moreover, the special chapter focuses on automatic adjustment mechanisms in pensions systems in OECD countries, discusses the usefulness and limitations of these policy instruments, and suggests ways to improve them in order to enhance the capacity of pension systems to fulfil their objectives.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264876103
Total Pages : 224 pages
Book Rating : 4.2/5 (648 download)
Download or read book Pensions at a Glance 2019 OECD and G20 Indicators written by OECD and published by OECD Publishing. This book was released on 2019-11-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2019 edition of Pensions at a Glance highlights the pension reforms undertaken by OECD countries over the last two years. Moreover, two special chapters focus on non-standard work and pensions in OECD countries, take stock of different approaches to organising pensions for non-standard workers in the OECD, discuss why non-standard work raises pension issues and suggest how pension settings could be improved.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264059776
Total Pages : 102 pages
Book Rating : 4.2/5 (64 download)
Download or read book Pensions at a Glance Asia/Pacific written by OECD and published by OECD Publishing. This book was released on 2009-01-08 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report analyses the retirement income systems of 18 Asian countries, including Australia, China, India, Indonesia, Pakistan, the Philippines and Vietnam. It says that reform is needed because: coverage of formal pension systems is relatively ...
