This research work is designed to develop effective strategy for pension administration in the Nigeria public sector, using pension commission as a study. The research work reveals how some retirees are forced to continue to work throughout their life, not out of choice but for lack of means of sustenance at old age. The sources of data collection for this work are primary and secondary sources, the researcher in this process of data collection for the research regarded the questionnaire to serve as the most important instrument used in the research, and the data gathered from questionnaire are analyzed by simple percentage, the chi-square techniques was employed to test the hypothesis and interpret the information for better understanding. The findings reveal that, a non-effective and efficient strategy of pension administration can be likened to poor pension administration and budgeted income to pensioners is not implemented as at when due. The implication were that, committees should be set up to audit the performance of pension boards and other pension bodies and responsibility should be assigned to the right people who must have access to the right information concerning retires and also retirees should not solely depend on pension after retirement, alternate plans should be made from day one of the start of one’s working years, this could include setting aside a percentage of one’s salary in anticipation of retirement.

TABLE OF CONTENTS
Title Page----------------------------------------------------------------i
Approval Page----------------------------------------------------------ii
Dedication---------------------------------------------------------------iii
Acknowledgement-----------------------------------------------------iv
Abstract------------------------------------------------------------------v
Table of content--------------------------------------------------------vi
List of table--------------------------------------------------------------vii

CHAPTER ONE
1.0 Introduction -------------------------------------------------------1
1.1 Background of the study ----------------------------------------1
1.2 Statement of the problem ---------------------------------------3
1.3 Objective of the study --------------------------------------------4
1.4 Test of Hypotheses ------------------------------------------------4
1.5 Research Questions-------------------------------------------------5
1.6 Significance of the study -------------------------------------------5
1.7 Scope of the study---------------------------------------------------7
1.8 Limitation of the study-----------------------------------------------7
1.9 Definitions of terms --------------------------------------------------8

CHAPTER TWO
LITERATURE REVIEW
2.0 Introduction ------------------------------------------------------------10
2.1 Historical Development of Pension Administration and reform in Nigeria ------------------------------------------------------------14
2.2 Nigeria Private Sector --------------------------------------------------17
2.3 The Udoji Pension Reforms --------------------------------------------19
2.4 Survivor Benefits ---------------------------------------------------------28
2.5 Computation of retirement benefits ----------------------------------31
2.6 Factors attributable to poor pension Management in the Nigeria public Sector ---------------------------------------------------------------------34
2.7 Strategies for Effective pension Administration in the Nigeria public sector --------------------------------------------------------------------------------37
2.8 The National Pension Commission {PENCOM} --------------------------43

CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.0 Introduction --------------------------------------------------------------------56
3.1 Research Design --------------------------------------------------------------57
3.2 Area of Study ------------------------------------------------------------------57
3.3 Source of Data -----------------------------------------------------------------58
3.4 Population of Study -----------------------------------------------------------59
3. 5 Determination of Research Instrument ---------------------------------60
3.6 Sampling Procedure ----------------------------------------------------------61
3.7 Administration of Research Instrument ----------------------------------62
3.8 Method of data analysis -----------------------------------------------------62

CHAPTER FOUR
DATA ANALYSIS AND PRESENTATION
4.0 Introduction ------------------------------------------------------------------63
4.1 Data presentation and analysis -------------------------------------------63

CHAPTER FIVE
SUMMARY, CONCLUSION, RECOMMENDATION
5.1 Summary of Finding ----------------------------------------------------------80
5.2 Conclusion ---------------------------------------------------------------------84
5.3 Recommendations -----------------------------------------------------------85
Bibliography