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An Evaluation Of The Nigerian Pension Reform

AN EVALUATION OF THE NIGERIAN PENSION REFORM

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Title: AN EVALUATION OF THE NIGERIAN PENSION REFORM

Essay Details:

Subject: Business

Author: Jean M

Date: May 19, 2013

Level: University

Grade: C

Length: 4 / 1032

Essay text:

According to the third edition of Longman Dictionary of Contemporary English (2000), the word Pension is an amount of money paid regularly by a government or a company to someone who is officially considered to be too old or ill to earn money by working. Alternatively, pension can also be defined as periodic payment to one who retired from work as a result of old age or disability (Chinwuba 2004). 2.1.2 The Concept of Pension Scheme A Pension Scheme or System however, is the totality of plans, procedures and legal processes of securing and setting aside funds to meet the social obligation of care which employers owe their employees on retirement or in case of death and disability (NICON, Abuja)...

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