THE PROBLEM OF RETIREMENT IN ENUGU STATE CIVIL SERVICE A CASE STUDY OF ENUGU STATE UNIVERSAL BASIC EDUCATION BOARD.
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THE PROBLEM OF
RETIREMENT IN ENUGU STATE CIVIL SERVICE A CASE STUDY OF
ENUGU STATE UNIVERSAL BASIC
EDUCATION
BOARD.
ABSTRACT
THIS
IS A STUDY ON PROBLEMS OF RETIREMENT IN THE ENUGU STATE
CIVIL SERVICE: A CASE STUDY OF ENUGU
STATE UNIVERSAL BASIC
EDUCATION BOARD. THIS STUDY IS AN ATTEMPT TO HELP THE ENUGU STATE
CIVIL SERVICE RETIRING EMPLOYEES TO PREPARE FOR LIFE AFTER RETIREMENT. THE WORK
INTENDS TO HELP THE RETIRING EMPLOYEES TO SET THEIR PRIORITIES RIGHT AND TO
EASILY DEFINE THEIR LIVES AFTER RETIREMENT. IN ORDER TO AVOID THE HIGH DEGREE
OF PENURY SOME RETIREES LIVE IN AFTER SEVERAL YEARS OF SERVICE.THIS STUDY
REALLY EXPOSES THE IMPORTANCE OF RETIREMENT GUIDANCE AND COUNSELLING, VARIOUS
ISSUES A RETIRING EMPLOYEE MUST ADDRESS WHILE HE/SHE IS STILL IN ACTIVE
SERVICE, WHAT THE EMPLOYERS SHOULD DO IN ORDER TO HELP THE PROSPECTIVE RETIREES
TO AS A DEATH SENTENCE.
LIST OF TABLE
TABLE 1: There is poor administration of pension scheme.
TABLE 2: There is no proper record keeping in the Enugu State
Universal Basic Education Board
TABLE 3: There
is delay in payment of retirement benefit plans.
TABLE 4: Planning ahead of retirement period reduces post retirement
problems.
TABLE OF CONTENTS
TITLE - - - - - - - - i
APPROVAL - - - - - - - ii
DEDICATION - - - - - - - - iii
ACKNOWLEDGEMENT - - - - - - iv
ABSTRACT - - - - - - - - vi
LIST OF TABLE - - - - - - - vii
TABLE OF CONTENTS - - - - - - viii
CHAPTER
1.0 INTRODUCTION - - - - - - 1
1.1 BACKGROUND OF THE
STUDY - - 3
1.2 STATEMENT OF THE STUDY - - - 4
1.3 OBJECTIVE OF THE STUDY - - - 5
1.4 SIGNIFICANCE OF THE STUDY - - 7
1.5 HYPOTHESIS - - - - - - 8
1.6 SCOPE OF THE STUDY - - - - 9
1.7 DEFINITION OF TERMS - - - - 9
CHAPTER
TWO
2.0 INTRODUCTION - - - - - 11
2.1 RETIREMENT - - - - - - 12
2.2 TYPES OF RETIREMENT - - - 14
2.3 ADVANTAGES AND DISADVANTAGES
OF
MANDATORY RETIREMENT - - - 17
2.4 FLEXIBLE/VOLUNTORY RETIREMENT - 20
2.5 FORCEFUL RETIEMENT - - - - 23
2.6 REQUIREMENT FOR PROCESSING OF RETIREMENT
BENEFITS - - - - 24
2.7
RETIREMENT PROBLEM OF EMPLOYEES IN NIGERIA - - - - - - - 27
2.8
SOLUTION TO RETIREMENT PROBLEMS IN NIGERIA - - - - - - - 29
2.9
SUMMARY OF LITERATURE REVIEW - 31
CHAPTER
THREE
3.0
RESEARCH METHODOLOGY - - 33
3.1
BRIEF OUTLINE OF THE STUDY - - - 33
3.2
DESIGN OF THE STUDY - - - - 34
3.3
AREA OF THE STUDY - - - - 34
3.4
POPULATION OF THE STUDY - - - 34
3.5
SAMPLE OF THE STUDY - - - - 35
3.6
INSTRUMENT FOR DATA COLLECTION - 35
3.7
VALIDATION OF THE INSTRUMENT - 36
3.8
DISTRIBUTION AND RETRIVAL OF THE
INSTRUMENT - - - - - - 36
3.9
METHOD OF DATA ANALYSIS - - - 37
CHAPTER
FOUR
4.0
DATA PRESENTATION - - - - 38
4.1
DATA ANALYSIS - - - - - 38
4.2
FINDINGS - - - - - - 42
CHAPTER
FIVE
5.0
SUMMARY OF FINDINGS - - - 44
5.1
CONCLUSIONS - - - - - 46
5.2
RECOMMENDATIONS - - - - 47
5.3
LIMITATIONS OF THE STUDY - - - 49
5.4
SUGGESTIONS FOR FURTHER STUDY - 51
REFERENCES - - - - - 52
APPENDIX
- - - - - - 54
QUESTIONNAIRE - - - - - 55
CHAPTER ONE
1.0 INTRODUCTION
Members
of working class are individuals who are deeply engaged in paid employment
mainly in work place and organizations
not their own. These places could be in the private or public sectors of the
economy. These workers are remunerated on fixed wages or salaries instead of on
commission or profit basis. They open the better part of their active life
working for the growth, development and expansion of their organization. For
their contributions to the progress for these organizations they receive
virtually nothing in return other than salaries and/or wages. Salaries and
wages are prices paid for their training, qualifications, experiences, risk
taking, productivity and their other x-efficiency contributions to the overall
development of their areas of employment as well as other sectors combined.
However, they are not appropriately compensated for their contributions and based
on this, they cannot be able to invest in other business ventures that will
yield profits to them for the rainy days during the post retirement period and
so, they face a lot of problems.
Retirement is an inevitable fact of life
every employee must look forward to experience, it further confirms that
whatever that has a beginning has an end. But due to unpreparedness and lack of
adequate compensation on the part of the employers, there abound problems in
the post retirement period and these made many retiring employees see
retirement as the ultimate end of their careers and lives. It is phenomenal in Nigeria that
there are army of retired government workers and teachers who have not received
their retirement benefits after five (5) years. These people are made to
undergo excruciating processes of verification and revivification and in the
end some of them die without even collecting any benefit.
1.1BACKGROUND OF THE STUDY
The federal Government in 1988 through
Decree N0.31 established National Primary Education Board, and the State Government
through Edict established the State Primary Education Board and they manage the
affairs of tutorial and non-tutorial staff of primary school by paying them
salaries. These establishments were undergoing some reforms in their
administration until 2004.
However, in 2004 there was another
remarkable event and this was the establishment of Uniform Contributory Pension
Scheme for both the public and private sectors throughout Nigeria.
Contributory pension scheme is in vogue now where government contribute seven
and half percent (71/2%) of the employee’s basic salary
on a monthly basis while employees shall contribute the same.
In this regard, the research work
intends to x-ray the problems facing retirees, causes effects and possible
solution to the problems of retirement in Enugu State Civil Service.
1.2STATEMENT OF THE PROBLEM
There were many cases of frustration,
economic hardship, stress meted to the retirees which in most times resulted to
untimely deaths while in pursuit of their retirement benefits. This constitutes a lot of problems in the
management of their homes and the society at large. It therefore, becomes necessary
to examine the problems which under assumptions might be responsible for these.
Looking at the situation of this country
one can broadly say that the management is inability to prepare the prospective
retirees for retirement while in service have contributed immensely to both
physical and emotional stress. Some people’s
opinion hold that the problem should be tagged inaccurate data while some are
of the view that it was as a result of non implementation of retirement
benefits.
1.3OBJECTIVE OF THE STUDY
The retirees in the civil service of Enugu State
especially in the Universal Basic Education Board have been denied of their
rights due to inefficiency and unpreparedness on the part of the government.
Some times they have been pushed to the walls and like youthful undergraduates,
have been forced to take to the streets inspite of their age and frailty.
In the light of these problems,
therefore, the objectives of this study are:
a.
To give an overview of the problems
associated with the inefficient administration of pension schemes in the Enugu state Universal
Basic Education Board.
b.
To examine the major problems of the
management inability to prepare the prospective retirees for retirement while
in service.
c.
To investigate causes of inaccurate
data in the Enugu State Universal Basic Education Board.
d.
To suggest effective strategies for
implementation of retirement benefit plan in the Enugu State Universal Basic
Education Board.
1.4
SIGNIFICANCE OF THE STUDY
The retirees in the civil service as well as the masses in general have got
enough negative impact of the retirement problems and so this research will be
of most significance in the following ways:
·
It sensitizes the state Universal
Basic Education Board on the dimension of retirement benefit/ pension scheme
administration.
·
It facilitates intervention programmes
on preventing existence of inaccurate data in the Enugu State Universal Basic
Education Board.
·
It provides a practical solution to
the problems of retirement benefit plan implementation as well as a reference
to scholars in their various future researches towards minimizing or total
eradication of all types of retirement problems.
·
It serves as a guide to the management
in the preparation of prospective retirees for retirement while in service.
1.5 HYPOTHESES
This study proposes to test the
following hypotheses:
1.
Lack of administration of the pension
scheme impedes productivity in the system.
2.
Inaccurate records constitute problem
during retirement.
3.
Non implementation of retirement
benefit plans discourages retirement of aged employee.
1.6 SCOPE OF THE STUDY
This
research which focused on the problems of retirement in Enugu State Civil Service
is not purposed at studying all the facts about retirement rather it is focused
on identifying the causes, effect, and remedy of the problems associated with
retirement benefit.
1.7 DEFINITION OF TERMS
CIVIL SERVICE:
It is a branch of governmental service in which individuals are employed.
PENSION:
This is a periodic payment made by an employer to his retired employee until
his death in consideration of past service rendered to the establishment.
ORGANIZATION:
Social and economic entity in which different individuals perform a variety of
functions in order to achieve common goal.
WORKER:
A worker is any person who has entered into or work under a contract with an
employer.
RETIREMENT:
Retirement is generally when somebody is not physically able to perform in the
organization as a result of old age, industrial accidents or any other events
that may immobilize the worker to continue his normal organizational labour
service.
EMPLOYER:
Is any person who has entered to a contract of employment to employ another
person as a worker either for himself, or the service of another person.
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