MANAGEMENT OF PENSION SCHEMES IN ENUGU PUBLIC SERVICE (A CASE STUDY OF THE DEPARTMENT OF PENSION/ESTABLISHMENT ENUGU NORTH). A RESEARCH PROJECT MATERIAL ON OFFICE TECHNOLOGY
The title of this research work is management of pension scheme in Enugu public service (a case study of the department of pensioner/establishment Enugu north) the purpose of this study was to investigate how government regulate and manage pension scheme in Enugu public service and to find out why the pensioners are not receiving their pension at as when due. In order to achieve the purpose of this study, four research questions were asked. The work consist of 400 population from the sample size of 259 question was distributed out of 400 pensioners found in Enugu public service, 65% of the population in each sections of the year used for the study were drawn using simple random sampling. The questionnaires were major instrument for data collection. Data collected indices detailed on information collected from questionnaire in respect of management of pension scheme in Enugu public service with a particular reference to Enugu north. With intention to find out if there is more efficient and effective ways of achieving the objectives of pension scheme. From the revelation shown in chapter four on table 1, it shows that pensioners are not collecting their pension as at when due. And that pensioner encountered a lot of problem in collecting their pension. It was found out that inadequate fund to meet its project was chiefly the problem of pension scheme in Enugu public service. Finally, the researcher recommended that government should play a better role to see that pensioners salary are no longer with held by the officer who are responsible for the payment ,and that absolute plans should be make to see that pensioners are no longer been owned for months.
1.1 Background of the study
The work that one does gives status to the person. It gives a meaning to life and feelings contribution to general welfare. Work also permits a person to be active and to be constructive social interaction with others. In spite of the fact that works brings fulfillment. One must retire from active service as one cannot deny the fact that as workers grow older, they make into a social group that is separate from the younger workers. Increasing physical and metal limitation associated with advancing in age; make it difficult for such people to work safely and competently to maintain previous level of performance. At the stage of retirement, the workers output reaches diminishing return. It becomes necessary for the worker to stop working, if his employer wants to minimize loss although not everyone with generous pension. Retirement as defined by Donnelly [1992-326] as the changes in Job situation where by the individual gives up his job when diminishing return set in.
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