JS

Joshua Solomon Adeyele

University of Jos

adesolojosh@gmail.com
4 Publications

Publications 4

1
Research Article Vol. 2, Issue 1

RETIREMENT SAVINGS AND RETIREE'S LIFE ANNUITY: DEFINED BENEFIT SCHEME REINVENTED

Joshua Solomon Adeyele*

Defined benefit (DB) pensions have long served as a crucial tool for addressing old-age security challenges globally. However, in Nigeria, their relevance diminished after June 2004, reflecting a broader trend where these schemes lost favour due to the financial strains of an aging population. In this context, the discussion has shifted toward reti...

Apr, 2025 Vol. 2, Issue 1
PDF
2
Research Article Vol. 2, Issue 1

VALUATION OF PENSION PLAN OBLIGATIONS THROUGH SPOT AND IMPLICIT CONTRACT APPROACH

Joshua Solomon Adeyele*, Bright Igbinosa Oni

As individuals approach retirement, they face a complex web of factors that can impact their financial security. Our study sheds light on the intricate relationship between life expectancy, years of service, and pension benefits, with a focus on spot contract liability and implicit contract liability analysis. By exploring the intersection of these...

Apr, 2025 Vol. 2, Issue 1
PDF
3
Research Article Vol. 1, Issue 1

Securing the Future: A Sensitivity Analysis of Actuarial Money Worth Ratios in Defined Contribution Pensions for Public University Employees

Joshua Solomon Adeyele*, Mohammed Nasirudeen Maiturare, Gbenga M. Ogungbenle

As policymakers scramble to combat pension deficits, defined contribution pensions emerge as a promising solution. But what drives their success? Our study reveals that total contributions and investment returns are the twin engines of this scheme. However, a mismatch between projected and actual returns can have disastrous consequences. Three cruc...

Apr, 2024 Vol. 1, Issue 1
PDF
4
Research Article Vol. 1, Issue 1

From Uncertainty to Prosperity: Unleashing the Power of Actuarial Risk Management to Revolutionize Non-Life Insurance Companies' Solvency in Nigeria

Joshua Solomon Adeyele*, Imoseme Marian Izedomi

The profitability of insurance companies hinges on more than just policy volume; adequate premium rates are crucial to ensure timely claim payouts. In Nigeria, many insurers struggle with premium income underwriting performance due to inadequate risk-based pricing, leading to asset depletion and compromised financial stability. This study investiga...

Apr, 2024 Vol. 1, Issue 1
PDF
Back to Articles