DESIGN AND IMPLEMENTATION OF COMPUTERIZED PENSION SCHEME MANAGEMENT SYSTEM (A CASE STUDY OF NIGERIA PENSION BOARD). A RESEARCH PROJECT MATERIAL ON COMPUTER SCIENCE
This work is aimed at developing a comprised system for quick and easy processing of the staff pension. The need for such a work was very obvious .
There is partly as a result of pensioners complain on the delay of payment of pension. Age falsification and forgery of certain document contributed for the computerization of system
The new system is developed to handle applications in pension processing has been tasked and certified workable.
The official written pension guideline by the federal military Government in 1979, TITLE (PENSION DECREE NO 102) is know today as the only authority that guides the payment of pension and gratuity. The difference between pension and gratuity is that pension is based monthly payment while gratuity is paid at once and in bulk.
Furthermore, pension can be seen as compensation (payment) to any retired officer or civil servant. Also it can be seen as regular payment made by the state to somebody old, to a disable or a widow.
With the pension decree “NO 102 of 1979” a lot of changes here occurred in most of the working sectors increasing the number of workers as well as productivity.
Not only that civil servant here had the privilege of retirement at any time at any age not exceeding 60 and not below 45 and yet is entitled for gratuity depend on the rank, years of service and level.
However, according to this decrease there are a lot of government establishment like hospital, institutions, industries, firms as well as forces that are involve in the pension exercise.
It is obvious that the pension decree “No 102 Part 1, No 1” it says “Subject to those decree any person or gratuity granted. Have under to any person on retirement form the public service of the federation shall be computed on the June pay or the pension entitled there to end in accordance with the provision of schedule