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Pension Management Policies and Employees’ Performance in Selected Deposit Money Banks in Abuja, Nigeria

Prof. Nana Usman Bature Yakubu Yakubu Husseini Ovivi Audu Jamiu Okolo, Esso Helen

Subject area: Management and Commerce  ·  Area of research: Pension Management

DOI: 10.64388/IREV9I9-1714828

Abstract

The study was on pension management policies and employee’s performance of deposit money banks in Abuja, Nigeria. The main of objective of the study examines pension management policies and employee’s performance of deposit money banks in Abuja, Nigeria. The study was a quantitative research method where closed-ended questionnaire was used for data collection from staff of selected deposit money banks in Abuja. The population of the study was 652 respondents and the sample size 248 respondents the using Yamine sample size determination formula. Simple regression technique, analysis of variance (ANOVA) and co-efficient analysis were used to test and analysed the hypotheses in this study by using Statistic Package for Social Science (SPSS Version 27.0). It was revealed from the study that pension management policies had a significant effect on the employee’s performance of deposit money banks in Abuja, Nigeria. secondly, the study also revealed that pension management policies had significant effect on employee commitment, quality service delivery and operational efficiency of deposit money banks in Abuja, Nigeria. The study concluded that effective adoption and implementation of pension management policies had influence on the employee’s performance of deposit money banks in Abuja, Nigeria. Based on the findings and conclusion, it is recommended that deposit money banks in Abuja should consistently strengthen pension management policies to improve employee commitment, enhance service delivery, and boost overall operational efficiency for sustained performance.

Keywords

Pension Management Policies, Contributory Pension Policy, Non-Contributory Pension Policy, Occupational Pension Policy, Employee Performance

References

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How to cite this paper

Prof. Nana Usman Bature, Yakubu Yakubu Husseini, Ovivi Audu Jamiu, Okolo, Esso Helen "Pension Management Policies and Employees’ Performance in Selected Deposit Money Banks in Abuja, Nigeria" Iconic Research And Engineering Journals Volume 9 Issue 9 2026 Page 154-174 https://doi.org/10.64388/IREV9I9-1714828
Prof. Nana Usman Bature, Yakubu Yakubu Husseini, Ovivi Audu Jamiu, Okolo, Esso Helen "Pension Management Policies and Employees’ Performance in Selected Deposit Money Banks in Abuja, Nigeria" Iconic Research And Engineering Journals, vol. 9, no. 9, Mar. 2026, doi: https://doi.org/10.64388/IREV9I9-1714828
Prof. Nana Usman Bature, Yakubu Yakubu Husseini, Ovivi Audu Jamiu, Okolo, Esso Helen (2026). Pension Management Policies and Employees’ Performance in Selected Deposit Money Banks in Abuja, Nigeria. Iconic Research And Engineering Journals, 9(9). doi: https://doi.org/10.64388/IREV9I9-1714828
Prof. Nana Usman Bature, Yakubu Yakubu Husseini, Ovivi Audu Jamiu, Okolo, Esso Helen "Pension Management Policies and Employees’ Performance in Selected Deposit Money Banks in Abuja, Nigeria" Iconic Research And Engineering Journals, vol. 9, no. 9, Mar. 2026. Crossref, https://doi.org/10.64388/IREV9I9-1714828
@article{1714828,
      author = {Prof. Nana Usman Bature, Yakubu Yakubu Husseini, Ovivi Audu Jamiu, Okolo, Esso Helen},
      title = {Pension Management Policies and Employees’ Performance in Selected Deposit Money Banks in Abuja, Nigeria},
      journal = {Iconic Research And Engineering Journals},
      year = {2026},
      volume = {9},
      number = {9},
      pages = {154-174},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1714828.pdf},
      abstract = {The study was on pension management policies and employee’s performance of deposit money banks in Abuja, Nigeria. The main of objective of the study examines pension management policies and employee’s performance of deposit money banks in Abuja, Nigeria. The study was a quantitative research method where closed-ended questionnaire was used for data collection from staff of selected deposit money banks in Abuja. The population of the study was 652 respondents and the sample size 248 respondents the using Yamine sample size determination formula. Simple regression technique, analysis of variance (ANOVA) and co-efficient analysis were used to test and analysed the hypotheses in this study by using Statistic Package for Social Science (SPSS Version 27.0).  It was revealed from the study that pension management policies had a significant effect on the employee’s performance of deposit money banks in Abuja, Nigeria. secondly, the study also revealed that pension management policies had significant effect on employee commitment, quality service delivery and operational efficiency of deposit money banks in Abuja, Nigeria. The study concluded that effective adoption and implementation of pension management policies had influence on the employee’s performance of deposit money banks in Abuja, Nigeria. Based on the findings and conclusion, it is recommended that deposit money banks in Abuja should consistently strengthen pension management policies to improve employee commitment, enhance service delivery, and boost overall operational efficiency for sustained performance.},
      keywords = {Pension Management Policies, Contributory Pension Policy, Non-Contributory Pension Policy, Occupational Pension Policy, Employee Performance},
      month = {March},
      doi = {https://doi.org/10.64388/IREV9I9-1714828}
  }