Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Transcribed Image Text:PENSION FINANCE AND FUND
MANAGEMENT
-Pension administrator
-Pension Managers
-Pension Custodian
Provident is the lampsum payment
especially on retirement.
Pension is paid monthly upon
termination of services.
PARTIES TO THE PENSION CONTRACT
1. The employee
2. The employer
CLASSIFICATION
1. GROUP e.g NSSF pension scheme
2. INDIVIDUAL PS eg Central Bank PS
QN:
1. DISCUSS THE ROLES OF
ADMINISTRATION, MANAGEMENT
AND CUSTODIAN IN PENSION
SCHEME.
DENOI ON
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