Pension Reform Act In Nigeria

80 pages Chapters 5 ID: PUB0421

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DepartmentPublic Administration
TypeProject
Pages80
Chapters5
FormatMS Word & PDF
Reference No.PUB0421

Abstract

(A CASE STUDY OF NIGERIAN PETROLEUM DEVELOPMENT COMPANY LIMITED) CHAPTER ONE 1.0 INTRODUCTION Over the years government has been grappling with the administration of bloated workforce and the attendant workers welfare. Various methods had been applied and all seemed to have failed. The 1979 Pension Act of the Federal Republic of Nigeria puts the retirement age of workers at either the attainment of 60 years of age or 35 years in service, which ever is earlier. The Act also spelt out the criteria for qualification of gratuity and pension on a voluntary retirement from service at attainment of m…

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