THE IMPACT OF DELAY IN THE PAYMENT OF RETIREMENT BENEFIT ON PENSIONERS’ WELFARE IN GOMBE STATE

Abstract

This paper examined the impact of delay in payment of retirement benefits on pensioners’ welfare in Gombe state. The data was obtained through primary and secondary sources, which
were analysed quantitatively and qualitatively. Pearson product moment correlation coefficient was used in testing the hypothesis which was computed using statistical package for social science (SPSS) version 23. The result shows that, delay in the payment of retirement benefits weaken the capacity and ability of pensioners to provide basic necessities of life such as food, water, electricity, shelter, health facilities, clothes and payment of children’s school fees to themselves. based on the finding of the research, researchers recommend that: Gombe state government should ensure sufficient allocation of fund is made to the pension board so as to hasten the payment of the pension to retirees and government shouldn’t allow external forces to interference with the affairs of the board.