The contribution of national social security funds on income poverty reduction: A case of NSSF morogoro branch in Tanzania

Mwashimanga, Edgar E. (2019) The contribution of national social security funds on income poverty reduction: A case of NSSF morogoro branch in Tanzania. Masters thesis, The Open University of Tanzania.

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Abstract

The aim of the study was to examine the contribution of National Social Security Funds on income poverty reduction of workers and community at large using NSSF Morogoro Branch as a case study. The study underscored activities carried out by NSSF; specifically those aimed at generating income to its beneficiary and explore opportunity and challenges of the fund. The sample of 80 respondents was taken which involves 70 NSSF members and 10 NSSF staffs. Structured questionnaire, documentary review and in-depth interviews were the main techniques for data collection from respondents. Data analysis was based on descriptive statistics were Statistical Package for Social Science (SPSS) was used and descriptive statistical procedures involving tabulations and distribution were used and later presented in tables, charts, and percentages. The result of these study shows that there has been an increase in the level of public awareness on the social security system in respect of benefits offered, coverage, investments and general of the sector although its contribution to income poverty reduction cannot be seen directly to local people because of less activities that can directly contribute positively on the income of people. Findings indicate that among its major activities it is only loan provision contributes to income poverty reduction, Illiteracy has been the major challenge facing NSSF Morogoro Branch, Government intervention is vital to support the efforts made by social security funds institutions But in case of improving its workers living standards, the findings shows that it has made significant contributionto improve positively the lives of its workers. Generally it can be concluded that the potential of social security fund institutions is of highly important. It is as a result recommended that more effort should be made by the social security fund institution to increase activities that can contribute to the reduction of income poverty of its members.

Item Type: Thesis (Masters)
Subjects: 300 Social Sciences > 330 Economics
Divisions: Faculty of Arts and Social Sciences > Department of Economics
Depositing User: Mr. Administrator OUT
Date Deposited: 24 Nov 2020 09:38
Last Modified: 24 Nov 2020 09:38
URI: http://repository.out.ac.tz/id/eprint/2526

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