ABSTRACT

Pension as a scheme is designed to cater for the welfare of the pensionable retired workers. The working lives of employees move continuously towards a certain direction i.e from employment, to growth, to retirement. The main aim of this research is to ascertain the Effect of Pension Fund Management on Retirees in Nigerian Police Force. The 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 federation. The main objective of this study is to examine the effect of pension fund management of retirees in Nigeria and so ascertain the problem of weakness in the administration system. Two hypotheses were tested, the null hypotheses was rejected and the alternative accepted. Questionnaire were formulated based on the hypotheses and were distributed. The recommendation was that more competent officers should be recruited to handle the growing need in the pension office and that then commission should intensity effort at ensuring timely remittances of benefits to the Retirement savings Accounts (RSA) by firms, Employees and employers.