Pension reform act 2014 and the future of public service prospective seniors: a prognostic analysis

Abstract

The study examined the Pension Reform Act of 2014 in relation to the future of public service prospective seniors in Nigeria. The study analysed the contents of the Act to point out its effects on the life-after retirement of prospective seniors presently in public service. The study utilized the qualitative desk research method and secondary method was utilized to source for data. The study found that timely remittance of pension deduction; investment of pension fund etc, have been put in place by government to achieve the Act’s objectives. The study concluded that the proper implementation of the Act will positively affect the future of public service prospective seniors. The study thus recommended that all stakeholders should be sincere, cooperative and dedicated in their dealings towards the successful achievement of the Act’s objectives