Browsing by Author "Sabugo, Noel Yustas"

Filter results by typing the first few letters
Now showing 1 - 1 of 1
  • No Thumbnail Available
    Item
    Determinants of investment income growth in the Tanzanian social security schemes: A case of social security schemes industry
    (Mzumbe University, 2017) Sabugo, Noel Yustas
    This research study was done in Social Security Schemes in Dodoma, specifically at the regional offices of PSPF and GEPF and LAPF Head Office. The study aimed at assessing the Determinants of Investment Income Growth in the Tanzanian Social Security Schemes. In this study, relevant literature were reviewed in order to get more understanding and insights about the theories and empirical issues in order to govern this study. Thereafter, the study used various methodologies to undertake the study for instance, the study used aggregate secondary data from the year 2005/06 to 2016/17. Data were collected through documentary review method and analyzed using regression analysis method. Based on the empirical evidence from this study, findings show that, Value of Social Security Schemes, Member Contributions and Benefits Payment were statistically significant at 5% significance level and positively affected investment income growth. The coefficients of Value of Social Security Schemes, Member Contributions and Benefits Payment were .001, .022 and .194respectively. Any changes by one unit may result to change of investment income growth by the amount equal to the coefficient of respective independent variable ceteris paribus (in billion TZS and vice versa). The study concludes that, growth of investment income in Social Security Schemes is positively affected by Member Contributions, Benefits Payment and Value of Social Security Schemes. Furthermore, findings revealed that Benefits Payment contributes more to Investment Income Growth, followed by Member Contributions and finally Value of Social Security Schemes. The study therefore recommends that, Social Security Schemes should increase coverage into informal sector, increase member registration, improve benefit packages and invest contributions of members into more productive investments to facilitate investment income growth.