Contributory Pension Scheme, Payment Timeliness, and Retirees’ Welfare in Dutse, Jigawa State Nigeria.

This study investigates the effect of Contributory Pension Scheme (CPS) on retirees’ welfare in to drawing on a sample of 186 respondents selected from a population of 360 retirees under three Pension Fund Administrators (PFAs) crusader sterling Pension, Premium Pension and Access Pension using stratified random sampling. Data were collected through structured questionnaires, interviews, and sources, the data collected was analyzed using correlation and regression analysis in Python and Excel the map of jigawa state was extracted using quantum geographic information secondary system (QGIS) to identify dutse local government as the study area. Findings revealed a strong positive and statistically significant relationship between Contributory Pension Scheme (CPS) and Dutse local government area of Jigawa State between 2019 and 2024. The objectives were to examine the relationship between Contributory Pension Scheme (CPS) and retirees’ welfare, investigate the impact of Contributory Pension Scheme on retirees’ welfare and life expectancy and outlook, the study also compared the new scheme with the old pension scheme, and evaluate the adequacy and timeliness of pension payments. Quantitative research design was adopted, krejie and Morgan table was use retirees’ welfare (r = 0.87, p < 0.05). Regression analysis further confirmed that retiree’s welfare significantly predicts Contributory Pension Scheme (CPS) (R² = 0.761, β = 0.799, p < 0.05), which indicate that if retiree’s welfare increases by one-unit, Contributory Pension Scheme (CPS) tend to increase by 80% and the model further predict (R² = 0.42, β = 0.793, p < 0.05), if Life expectancy and outlook (LEO) increase by one-unit, Contributory Pension Scheme (CPS) increase by 79%. The study also established that retirees expressed greater satisfaction with the new scheme compared to the old, with 81.7% agreeing that Contributory Pension Scheme (CPS improved their welfare after retirement. However, the study noted persistent challenges of delayed pension payments with 83.9% of respondents reporting late disbursement.