ABSTRACT
The pension scandal
in Nigeria its impact on public fund management with special emphasis on
Nigeria Life and pension commission. Looked at the problems why government get
involved in pension matters all over the world as the following; formulating
and layingdown the legal framework of pensions management, the pension form
management itself and the regulation of pension schemes which culminated into
the major objective which is generally setting towards ascertain the impact of
pension scandal on public fund management. However this research problems were
solved by formulating the research question and hypothesis. The research
adopted the descriptive research method which uses questionnaire as major
source of collect primary data. This is primarily to solve the formulated
hypothesis as well as answer the research question. The population of this
research was determined using the Taro Yamane formular and the hypothesis were
tested using the chi-square test. However the following were discovered during
the course of these study there is a well establish legal
framework for the Nigeria pension board. Secondly of course, by the
individual member and one must ripe whatever he sold thirdly it de-emphasis the
lum-sum payment of graudities and the removes pension administration from the
public sector. The following were recommendations were professional should
employed to man and strengthen the internal control of the Nigeria pensions
board among others.
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