Roles Of Pension And Retiree’s Standard Of Living

ABSTRACT This research work examined roles of pension and retiree’s standard of living. The specific objectives were to determine the extent to which the new pension scheme has improved the welfare of the retired employee in Nigeria, to determine the relationship between pension and standard of living of retired employee, to examine the extent to which the new pension scheme can guarantee a minimum living standard for the retired civil servants in Nigeria and lastly to evaluate the extent to which the new Pension Act 2004 addressed the problem of fund diversion, corruption and inadequate budg…