Problems And Prospect Of Pension Scheme Management In Nigeria (a Case Study Of Some Selected Insurance Company)

INTRODUCTIONMany Nigerians today hardly come to understand what pension scheme is all about, though some employees have established occupational pension scheme while others have not appreciated the value pension scheme. The believe that too many security may lead to compliance and that social security schemes may lead to abuses such as premature retirements because of generous pension benefits and withdrawals of labour. However, such abuses should not retard the effort of the progressive employers from providing adequately for the needy.While introducing the subject matter of this project, it …