ABST RACT

 This project examines and analyses the management of Pension Scheme in the Public Sector in Nigeria, using 34 Field Artillery Brigade Obinze, Owerri as a case study. It identifies some of the key problems facing pension scheme in Nigeria and gives an overview of the scheme in the country. Primary data were generated from questionnaires and personal interviews. Secondary data, on the other hand, were obtained from official publications, documentations and internet services. The analysis confirm that the regular upward reviews of pensions and gratuities in the country without appropriate strategies for financing the scheme and managing it has become a major problem, which calls for immediate solution in order to alleviate the current sufferings and hardships of retirees in the country. This project also confirms that the insurance companies were scored low on their performance role in the public sector pension scheme. This project work recommends that viable invest2'en of pension fund be embarked upon in order to ensure prompt and regular payment of entitlements of retirees and pensioners. This project concludes with the design of new computerized pension management system that will ensure prompt payment of retirees and pensioners, checkmate the menace of ghost pensioners and problem of documentation and filing which the. old pension management system have faced over the years. This task I achieved by assuming the pensioner as an object and its characteristics as attributes and developing a class for the written attributes (for easy accessibility). After this, I developed an object oriented program which I used to encapsulate the various classes together using Visual Basic Program (VB).