Appraisal of the implementation of the 2004 contributory pension policy in Local Governments of Southwestern Nigeria.

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dc.contributor.authorFagbewesa, Esther Olapeju
dc.date.accessioned2023-05-13T17:52:21Z
dc.date.available2023-05-13T17:52:21Z
dc.date.issued2019
dc.descriptionx,191pen_US
dc.description.abstractThis study appraised the institutional framework for the Pension Policy of 2004 contributory pension scheme; it also examined the perception of workers on the implementation of the policy in the selected Local Government Areas and the effect of the policy on the workers’ attitude to work in the selected Local Government Areas and analysed the challenges of the implementation of the pension policy in the selected Local Government Areas. These were with the view to determining the relationship between workers and government in the implementation of the 2004 contributory pension policy. Primary and secondary data were used for this study. Primary data were generated from the respondents through the use of questionnaire and interview guide. The study was carried out in Southwestern Nigeria. Multi-stage sampling technique was adopted. At the first stage, Southwestern Nigeria was stratified into three axis: Lagos/Ogun, Oyo/Osun and Ondo/Ekiti due to their geographical closeness. At the second stage, Lagos, Ondo and Osun were selected using random techniques due to their proximity to the researcher and the zone being predominately a Yoruba speaking area; while at the third stage, 18 Local Government Areas were selected (two Local Government areas each from the three senatorial districts of the chosen states representing one urban and one rural). A population totaling 16,000 in the study area comprised both Senior and Management staff selected within the selected Local Governments. Using Yaro Yamane Method based on the total workforce in each state, a sample size of Lagos (140), Ondo (125) and Osun (135) totaling 400 respondents was selected. Also, interviews were conducted in the three states for six of the officers in the pension management offices and six members of staff above GL 14 in the Local Government Service Commission (LGSC). This was because they were knowledgeable about the pension policy. Secondary data were derived through relevant government publications, books, journals, articles, magazines and the internet. Data collected were analysed using appropriate simple percentages and chi-square analysis. The results showed that the institutional framework for the pension policy of 2004 contributory pension scheme was weak and ineffective (56.05%). The results showed that there was no significant relationship between the implementation of the policy and perception of workers in Lagos urban areas (2 = 2.098, p > .05) and Lagos rural areas (2 = 0.909, p > .05) and Osun State urban areas (2 = 0.739, p > .05) and Osun State rural areas (2 = 0.357, p > .05). However, it was significant in Ondo State urban areas (2 = 6.459, p < .05). The results also showed that the policy had no effect on workers’ attitude to work in Lagos State urban areas (2 = 1.360, p > .05), Lagos State rural areas (2 = 0.179, p > .05), Ondo State urban areas (2 = 0.060, p > .05), Ondo State rural areas (2 = 1.219, p > .05) and Osun State urban areas (2 = 2.903, p > .05), Osun State rural areas (2 = 1.969, p > .05). The results further showed that there were inconsistent and irregular remittances from employer’s contributions (73.42%) unnecessary delays (56.05%) and long duration of time in processing payment of pension (54.47%). The study concluded that there was poor implementation of the 2004 contributory pension policy in Local Government areas of the Southwestern Nigeria.en_US
dc.identifier.citationFagbewesa,E O(2019).Appraisal of the implementation of the 2004 contributory pension policy in Local Governments of Southwestern Nigeria. Obafemi Awolowo Universityen_US
dc.identifier.urihttps://ir.oauife.edu.ng/123456789/5522
dc.language.isoenen_US
dc.publisherLocal Government Studies,Obafemi Awolowo Universityen_US
dc.subjectSouthwestern Nigeriaen_US
dc.subjectPension policyen_US
dc.subjectLocal Governmenten_US
dc.subjectPensionen_US
dc.titleAppraisal of the implementation of the 2004 contributory pension policy in Local Governments of Southwestern Nigeria.en_US
dc.typeThesisen_US
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