Deep Thoughts with Othman As elucidated in the first part of this piece, the defined pension scheme in Nigeria failed to serve the basic objective of making retirees enjoy the fruit of their labour. The failure was attributed to poor pension fund administration, outright corruption; embezzlement of the pension fund; inadequate build-up of funds, and poor supervision. Has the new scheme, the contributory pension scheme addressed the challenges of the old defined pension scheme? Is the contributory pension scheme not akin to pushing retirees to jump from frying pan to fire?...