ABSTRACT
The purpose of this study is to examine the coverage and the sustainability of social security and national insurance trust. The study used the purposive sampling method to choose a sample size of 127, 10 clients of SSNIT and 117 employees of SSNIT. Additional information was also received from the company’s documents, magazines and journals as a source for secondary information. The results of the study indicated that 74.6% of SSNIT staff thought that an increase in coverage would lead to the sustainability of the pension scheme. The study also revealed that 59.32 % of respondents believed that the major driver for pension schemes was retirement security. However, 36.4% of staff thought that SSNIT had to tackle a lot of its major challenges including the administrative bureaucracies that exist in the organization. The study therefore recommends the inclusion of the informal sector as a way of increasing coverage, adoption of new IT solution to handle SSNIT’s data needs, and tax treatments in the form of tax deductibles for employers who pay SSNIT contributions.
HAMMOND, B (2021). Examining The Coverage And The Sustainability Of Social Security And National Insurance Trust. Afribary. Retrieved from https://afribary.com/works/examining-the-coverage-and-the-sustainability-of-social-security-and-national-insurance-trust
HAMMOND, BRIGHT "Examining The Coverage And The Sustainability Of Social Security And National Insurance Trust" Afribary. Afribary, 04 Apr. 2021, https://afribary.com/works/examining-the-coverage-and-the-sustainability-of-social-security-and-national-insurance-trust. Accessed 18 May. 2024.
HAMMOND, BRIGHT . "Examining The Coverage And The Sustainability Of Social Security And National Insurance Trust". Afribary, Afribary, 04 Apr. 2021. Web. 18 May. 2024. < https://afribary.com/works/examining-the-coverage-and-the-sustainability-of-social-security-and-national-insurance-trust >.
HAMMOND, BRIGHT . "Examining The Coverage And The Sustainability Of Social Security And National Insurance Trust" Afribary (2021). Accessed May 18, 2024. https://afribary.com/works/examining-the-coverage-and-the-sustainability-of-social-security-and-national-insurance-trust