ABSTRACT

This study is an assessment of the effects of the implementation of contributory pension scheme

on retirement benefits in Kano state: A study of Kano State Pension Fund Trustees from 2007-

2015. The problem investigated revolves around the effect of the implementation of CPS on

timely payment of retirement benefits, the effects of compliance with the Kano state pension and

gratuity law 2006 in the remittance and the investment of the contributed funds on effective

payment of retirement benefits among others. The study aimed at examining the effects of the

implementation of contributory pension scheme on the payment of retirement benefits in Kano

State. The data for the study were generated from primary and secondary sources. The

instruments of the primary data collection used were questionnaire and interview, while

secondary sources made use of reports, books, magazines, gazettes, journals, research theses and

dissertations and the internet. Data were analysed using descriptive and inferential statistical

tools. Questionnaires were distributed on a sample of 118 respondents selected from 164

population of the study through a stratified and simple random sampling techniques to test the

hypotheses. Regression analysis tests result revealed that, compliance with the contributory

pension scheme law significantly affects the payment of retirement benefits and that,

implementation of CPS has significantly improved the timely payment of retirement benefits in

Kano State.     It was recommended among other things that, PFT must ensure effective

implementation of the penalties provided by the Pension and Gratuity Law 2006 on non-

compliers regardless of their position or status, and that, Conducive and enabling environment

must be created by the government for smooth implementation of the scheme particularly in the

areas of investment of the pension funds/assets and full remittance of contributions to the PFTs.

For timely processing of retirees‘ retirement benefits PFTs must ensure that, qualified staff are

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recruited and posted as Pension Desk Officers to every government organisation operating under

the                   scheme                   particularly                   LGA‘                   and                  LGEAs