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THE NEW PENSION SCHEME AND WORKERS PRODUCTIVITY IN NIGERIAN UNIVERSITIES: A CASE STUDY OF THE UNIVERSITY OF NIGERIA, NSUKKA.(2004-DATE)

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TABLE OF CONTENTS
Title Page ….. ….. ….. ….. ….. i
Approval Page ….. ….. ….. ….. ….. ii
Dedication ….. ….. ….. ….. ….. iii
Acknowledgement ….. ….. ….. ….. iv
List of Tables ….. ….. ….. ….. ….. vi
List of Figures ….. ….. ….. ….. ….. viii
Abstract ….. ….. ….. ….. ….. ix
Table of Contents ….. ….. ….. ….. ….. x
CHAPTER ONE: INTRODUCTION
1.1. Introduction ….. ….. ….. 1
1.2. Statement of the Problem ….. ….. 5
1.3. Objectives of the Study ….. ….. 9
1.4. Significance of the Study ….. ….. 9
1.5. Literature Review ….. ….. ….. 10
1.6. Theoretical Framework ….. ….. ….. 36
1.7. Hypotheses ….. ….. ….. 40
1.8. Methodology ….. ….. ….. 41
CHAPTER TWO: HISTORICAL DEVELOPMENT OF PENSION
SCHEME IN NIGERIA
2.1: Classification of Pension Scheme ….. ….. 49
2.2: The Importance of Pension Scheme ….. ….. 51
2.3: The Importance of Pension Scheme in Nigeria.. 54
2.4 Pension Scheme Reviews in Nigeria ….. ….. 65
2.5 Merits of the New Contributory Pension Scheme. 67
2.6 Demerits of the New Contributory Pension Scheme.. 69
CHAPTER THREE: PENSION AND PENSION ADMINISTRATION
IN THE UNIVERSITY OF NIGERIA, NSUKKA
3.1: Guideline on Ensuring Early Payment of
Retirement Benefits in the Old Scheme ….. ….. 72
3.2: Policy Administration and Payment of Pension
and Guidelines for the Gratuity….. ….. …… 73
3.3: Conditions for Retirement ….. ….. ….. 74
3.4: Conditions for Payment of Gratuity and Pension…75
3.5: Administrative Organigram of UNN .…. ….. 79
3.6 Department and Units that Handle Pension Issues
in UNN ….. ….. ….. ….. 81
xi
3.7: Retirement and Payment of Final Benefits in
UNN ….. ….. ….. 87
3.8: Computation of Benefits of a Retiring Staff ….. 91
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1: Presentation of Data ….. ….. ….. 95
4.2: Test of Hypotheses ….. ….. ….. 107
CHAPTER FIVE: SUMMARY, CONCLUSION AND
RECOMMENDATIONS
5.1: Summary ….. ….. ….. 112
5.2: Conclusion ….. ….. ….. 115
5.3: Recommendations ….. ….. ….. 117
BIBLIOGRAPHY …..

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