TABLE OF CONTENTS
1.1 Background of the Study
1.2 Statement of Problem
1.3 Objective of the Study
1.4 Research Questions
1.5 Statement of Hypotheses
1.6 Significance of the Study
1.7 Scope and Limitation
1.8 Brief Historical Background of
1.9 Definitions of Terms
2.1 Historical Background
2.2 History of the Police Pension
Office the Police and Other
2.3 Prospect of the Police Pension
2.4 Review of the Past literature
2.5 Funding of Pension Civil
2.6 Schedule Service
2.7 Pension and Gratuity of
2.8 Operational Structure and
2.10 Force Management Improvement
in Performance and Ethical Policing
2.11 The Need for Sanity in the
2.12 Supervision and Job
Performance in the Police
2.13 Theoretical Framework
2.14 The Objective of the New
Scheme in Nigeria
3.2 Research Design
3.3 Sources of Data
3.4 Population of the Study
3.5 Sample & Sampling
4.2 Distribution of Respondents to
Bio data Information
4.3 Hypothesis Testing
1.1 BACKGROUND OF THE STUDY
ever legislative instrument on Pension Matters was the pension ordinance of
1951, which had retrospective effect from January 1, 1846. (That was in the
Provident Fund (NPF) scheme established in 1961 as the first legislation
enacted to address private organized establishments Pension Matters in Nigeria.
It was followed
28 years later by the Pension Act No. 102 of 1979, as well as the Armed Forces
Pension Act No. 103 of the same year.
Taken after the
Armed forces experience, the Police and other Government Agencies pension
schemes were established under pension Act No. 75 of 1987.
This was followed
by the Local Government Pension Edit which culminated in the establishment of
the Local Government Staff pension board in 1987. In 1993 NSITF scheme was
established by Decree No. 73 of 1993 to replace defunct NPF scheme with effect
from 1st July, 1994 to cater for workers in private sector of the economy against
loss of Employment Income in Old Age Invalidity or Death.
provision these schemes mentioned above. Nigeria has been faced with the
problem of paying retirement benefits for more than two decades and also there
was crisis in the administration and management of retirement benefits
(Gratuity and Pension) in Nigeria in both public and private sectors for
pension in the public sector has totally collapsed due to lack of fund because
it is noncontributory and not funded In advance by the
§ The Private
Sector and many Federal Government parastatals that are assumed to have a
strong and well organized pension schemes are shadow of themselves, they are
grossly underfunded or unfunded at all.
This explain why the established
NSITF scheme for Private Sector does not live up to expectations.
§ Consumption of
every disengagement benefits collected at the point of changing jobs among the
private sector employees will lead to unpleasant situation if there is nothing to fall
back on (Provident Scheme).
§ There is no
standard guidelines on retirement benefits (Gratuity and Pension) and social
security’s administration in the country which is also a problem facing Nigeria
at old age upon retirement sectors.
There are also
some pension crisis faced by the pensioners and these include;
Unfunded arrears of about N3 trillion?
Pensioners not being paid entitlements regularly
Existence of Ghost pensioners in the public service
Pensioners dying on verification queues
Unstructured and unfunded private sector schemes
Diversion and mismanagement of existing pension funds by the
Board of Trustees (BOT) and managers of the funds
above are some of the problems and pension crisis affecting the public and
private sectors in Nigeria. It is. not only the private and public sectors that
has pension fund problems, also the Nigeria police force are been affected by
their mismanagement of pension fund which affects their retirees. Since the
case .study is centered round the Nigeria police force we can now take a look
Donnell (1976) viewed management from the essential functions of management which are
planning organizing, staffing, directing and leading and controlling.
Breach (1970) defined
management as "social process entailing responsibilities of the effective
are economic planning and regulation of the operations of an enterprises in
fulfillment of a given purpose or task.
Pension is a
monthly salary paid to a retired officer who has served for a statutory period.
It is payable for a minimum period of five years or till death. It is also
payable to officers who have reached a minimum age of 45 years. The maximum
rate is 80% of total enrolments after 35 years of service.
Retirement is the
cessation of services of an officer who has served for more than ten years and
is thus due for both pension and gratuity. It requires three months’ notice.
management therefore is that aspect of management that focuses on the plans for
the employees accumulated and substantial amount of money awaiting
distribution, in virtually every kind of income producing resources, including
stock, bonds, mortgages and real estate. As pension fund have increased they
have become an increasingly.
IMPORTANT FACTORS IN THE NATIONAL
The actual management
of pension fund asset is often the responsibility of some institutional
investor typically, the trust departments of life insurance companies,
pension's plan that provided their own administration and invest the fund
through a trust are often thought of as self-administered or trust invested
pension plans. Plans that use the service of life insurance companies are often
referred to as insured pension plan. Retirements plans often have some of the
characteristic of both. The Nigeria police pension plans are self-administered
under the auspices of the police pension's office. \
management 1S imperative to achieving organizational objectives. Human resources are
fundamental in every productive set-up, whether for services or for goods. The
need for the welfare of the employees, pre and post retirement can therefore
not be over emphasized.
Management at any
level is expected to pursue such objectives that will achieve the overall goal
of the organization. A critical look at the management of the police pensions
will unveil the following problems:
· Under developed
· Slow and
· High level of
· Weakness in
system of administration of pension.
· Low investment
· Loopholes causing
high default in rates being Applied
· Problems of
centralized pension office
· Lack of available
· Inflation and
fall in value of Naira
· Low level of
training offered to administration staff.
· Poor Remuneration
· Bribery and
corruption in the police
· Poor publication
image of the Nigeria police.
1.3 OBJECTIVES OF STUDY
The main purpose
of this study 1S to examine the effect of pension fund management and retirees in Nigeria
(A case study of Nigeria Police Force, Ikeja).
i. To examine the various applicable rates
ascertain the problem of weakness in the administration system
iii. To review the bureaucratic
process m the administrative system.
iv. To suggest measures for combating the problem
of unnecessary delay.
To improve on the techniques for achieving desired goals
vi. To emphasis and
postulate on a reasonable wage level for the personnel.
What are the factors that are responsible for the high
rate of labour turnover in the Nigeria police?
What are the determinants of eligibility to the approved
pension's benefits in the police?
How effective are government policies on funding of
pensions for retirees?
What is the general level of training offered administrative
staff of the police?
How appropriates are the present installed working
condition system to the need of the police force as a whole?
Does the centralization of the pension's office guarantee
effective internal control to the entire system? How effective are the procedures
for retirements in Nigeria police?
Does the salary level in the police determine the pension
viii. How does
inflation affect the welfare of retirees in the police?
What impact has the motivation on the human resources of
the Nigeria police force?
What is the general output level of the Nigeria police
How profitable is communication to the overall performance
of the administrative staff of the police?
What constitutes the reason for corruption and bribery in
Nigeria police force?
1. Ho: The
pension fund department of the Nigeria Police Force
is not effective in discharging
its duties concerning the retirement benefits of its staff.
pension fund department of the Nigeria police force is very effective in discharging its duties
concerning pension benefits of its staff
2. HO: The
general level of training offered to the police
HI: The general level of training offered to the police
1.6 SIGNIFICANCE OF THE STUDY
will delve into practical area to modern administration and will seek to relate
them to the Nigeria police administrative system. The study will therefore be
useful to all levels of management particularly those of the Nigeria Police Force.
Scholars will be
spurred to carry out more research and investigations into the subject matter.
The work will also provide information to the many present and prospective
retires who seem to be in the dark as regards their benefits and other
proceedings of retirements. The study no doubt is significant in many respects
The study will make recommendations which will increase
output of the administrative staff of the polices
The study will supply solutions to issues training and
The study will offer corrective check to the inherent
tradition of delay in the police administrative system.
4. The study will
supply solution to the problem of communication within the administrative
structure of the police.
study will suggest adequate support of the top level management in the welfares policies.
6. The study will provide for better monitoring of the
activities of the pension office.
7. The study will
address problem of how remuneration and suggest ways of improving on the salaries in the
8. The study will
provide improved techniques for administering
pensions fund in the Nigeria police.
1.7 SCOPE AND LIMITATION OF STUDY
This study covers
the existing administrative system of the centralized police pension offices
and their various attempts to satisfy the increasing needs of retirees all over
The interviews is
limited to the police pension office, lkeja and the force headquarters Annex
formation the period of carrying out this research work other constraints are
finance, lack of, text on the subjects matter and failure by respondents.
However, most of
the information was obtained from the police pension office.
1.8 BRIEF HISTORICAL BACKGROUND OF THE POLICE
ever legislative instrument on pension matters was 'the pension ordinance of
1951, which had retrospective effect from January 1, 1946 (that was in the
colonial era). This was later known as pension ACT CAP. 147 and contained in
chapter 17 of 1958 edition of the law of Nigeria.
There was enacted
for the Nigeria police force a pension law known as "police pension decree
No 60 of 1966 which came unto force with effect from 1st September 1966 as an
improvement to the popular CAP. 147 there and then pension Act No. 102 of 1979
was promulgated and it came into force as a result of the Udoji salary review
as at 1st April 1974, and it replaced all pensions laws that are existing since
1st January, 1946. Its application is on the civil and paramilitary services
while Act No. 103 of 1979 catered for Armed Forces Pension.
Taken after the
Armed forces experiences, the police and other Government Agencies Pension
Schemes were established under Pension Act No. 75 of 1987.
1.8:1 HISTORICAL BACKGROUND OF THE NIGERIA POLICE FORCE
The history of
the Nigeria police force dates back to April, 1861 when the British counsel in-charge
of the colony of Lagos obtained permission from his bosses in London to set up
a consular guard of men. In 1863, the consular guard be became known as the
Hausa. Guard and alter by an ordinance creating a constabulary for the colony
of Lagos in 1879. The name of the organization was changed to the Hausa constabulary.
The head of the constabulary was called inspector General of police.
The group called
Hausa constabulary because the police recruited were mainly military in
character, although the men performed some civil duties.
In 1986, another
group the Lagos police was created and armed like the Hausa constabulary, it was
headed by a commissioner of police who was also in change of the prisons and
development affected Lagos and the Yoruba hinter land.
Areas known as
Edo, Delta, Rivers, Gross-Rivers, Akwa-ibom states were declared the oil Rivers
protectorate in 10891 with headquarters in Calabar, were an armed constabulary
In 1890, the
Royal Niger constabulary was broken into groups, the Northern Nigeria Police
Force and the Northern Nigeria regiment. In the south, the Lagos police and
part of Niger coast constabulary became the southern Nigeria police force in
1906 while a greater part of the Niger coast constabulary formed the southern
Nigeria police force and the southern Nigeria police force operated separately
until April 1930 when they merged to form the present Nigeria police following
the amalgamation of the Northern and Southern in Nigeria in 1914.
In October, 1986,
the Nigeria police was constructed. The force headquarters administration was
created into five directorates. Each directorate is headed by a Deputy
Inspector General of Public. The state commands were regrouped into eight zones
each headed by an Assistant Inspector General of Police. In March, 1997, the
incumbent Inspector General of Police decided after consultation with the
presidency, to revert to the old system of administering the force. This
development brought about a lot of changes as summarized below;
retirement of the five Deputy Inspector General of Police except one.
Scrapping of all the five directorate
· Re-grouping of
all the arms of the force into six department as A, B, C, D, E and F
· Appointment of
Assistant Inspector General to take-of the leadership of each of the
· A complete new
Organization structures for the police force.
police force being a potent institution responsible for regulating social order
maintaining domestic peace and tranquility and preserving the rights of the
citizens it's faced with a dearth meaningful and result-oriented administrators
who are capable of enhancing the performance standard in the personnel. This
dearth of good administrators has contributed to the high level of labour
turnover and brought colossal effect in the management of the pension fund for
retirees of the police.
1.9 DEFINITIONS OF TERMS
Administration: This is process
of planning, organizing, coordinating and carrying out of government policies
to the public.
staff: These are those in charge of carrying out the policies to the public.
B.O. T: Board of Trustees
Benefit: These are those
achievement made by the employees at the cause of their work.
Communication: This 1S the
process of disseminating information from one person to the other
corruption: Fraud committed by a group of people belonging to an
organization who fully plans and execute the crime period of five years or till
death. The maximum rate is 80% of total emolument after 35 years of service.
Gratuity: This is a large
sum of money paid once to a retired officer who has served for a minimum of
five years. The maximum rate is 300% of total emoluments.
Pension: This is a monthly
salary paid to a retired officer how has served for a statutory period, It is
payable for minimum period of five years or till death. The maximum rate is
800/0 of total emolument after 35 years of service.
Pension Fund Management
(PFM): This is aspect of management that focuses on the plans for the employees’
accumulated and substantial amount of money awaiting distribution.
Police command: This is set-ups
in the administrative structure of the Nigeria police force.
activities: These activities include the investigation, operations,
training, motivation, placement, control etc. carried out by the line managers
in the police.
Retirees: These refers to
the retired police officer and men either voluntarily or compulsory. It
excludes deserters and non-gratuity and non-pension leavers.
This chapter in
nut-shell deals with the introduction to the project, it was pointed out that
the aim of pension is to provide a better life after services to the pensioner
or retires. The purpose of this study is centered round the identification of
the problems that arises in the management of pensions fund on retires in the
Nigeria police force. The effective management required adequate planning,
effective control, investment appraisal and a well-defined system of
organizations. Where these occur, funds will be well managed and the life and
welfare of the retirees will be enhanced. The questions and hypothesis which
are to be answered and tested respectively were mentioned. The chapter also
examined the definition of special terms to avoid confusion with normal day to
day usage. It also deals with the basic scope and limitation of the study and
presents the significance of the study in the light of the present day needs.
Click “DOWNLOAD NOW” below to get the complete project material
FOR QUICK HELP CHAT WITH US NOW!
+(234) 0814 780 1594
Login To Comment