Determinants of the growth of investment income of pensions fund schemes: The case of LAPF in Dodoma
| dc.contributor.author | Eliya, Shola | |
| dc.date.accessioned | 2024-05-28T09:59:41Z | |
| dc.date.available | 2024-05-28T09:59:41Z | |
| dc.date.issued | 2014 | |
| dc.description | A dissertation submitted in partial fulfillment of the requirement for the Award of Degree of Master of Science in Economics Project Planning and Management (Msc. Eco. PPM) of Mzumbe University | |
| dc.description.abstract | This paper examines the determinants of the growth of investment income of pensions fund schemes. Local Authorities Pensions Fund was taken as a case study. Time series data were used and ordinary least square method was used to estimate the model. Results show that; the variables “members’ contributions” and “investment made in fixed deposits” are positively related to the growth of investment income and are statistically significant at one percent level. However, the variable “investment in government securities,” is positively related to the growth of investment income and statistically significant at five percent level. The estimated parameters for investment in government securities is 1234.84 while for members contribution is 0.22 and that of investment made in fixed deposits is 0.12. All these estimated parameters refer to the magnitude of change of investment income when the respective variable changes by one unit. Lastly, it is recommend that, the LAPF pensions fund should maintain the same share of investment in government securities. This is because investment in this area is considered to be the safest. It is also recommended to increase investible funds in fixed deposits because the results showed that the variable is positively related and significant to the growth of investment income. On other side, it is recommended that; more effort should be made to increase membership base of the Fund. This is due to the fact that, the variable “members’ contributions” has shown to affect positively and significantly related to the growth of investment income of LAPF pension fund in Dodoma | |
| dc.description.sponsorship | Private | |
| dc.identifier.citation | APA | |
| dc.identifier.uri | https://scholar.mzumbe.ac.tz/handle/123456789/862 | |
| dc.language.iso | en | |
| dc.publisher | Mzumbe University | |
| dc.subject | Income of pensions funds | |
| dc.subject | Growth of LAPF’s investment | |
| dc.subject | LAPF | |
| dc.title | Determinants of the growth of investment income of pensions fund schemes: The case of LAPF in Dodoma | |
| dc.type | Thesis |