ABSTRACT
The informal economy is characterized by less job security, lower incomes, an
absence of access to a range of social benefits and fewer possibilities to participate in
formal education and training programmes. There are several factors which need to
be study that limit informal sector workers’ contribution to pension schemes. This
study aimed to examine factors influencing informal sector worker’s contribution to
pension scheme. Specifically, addresses perception of informal workers towards
institutionalised social security schemes, factors that influence informal workers’
decision to participate in a social security schemes, challenges and constraints for
informal workers in social security schemes. Information from this sample size were
collected through questionnaire to capture the study themes. Descriptive statistics
such as frequencies and percentages were used to summarize the socio-economic
characteristics of the drives and constraints to participate in social security scheme.
The knowledge and perception towards social security scheme were analysed using
frequencies and percentages through five point Likert scale. Heckman two stage
approach was adopted in analysing the data collected from 170 informal sectors
employees in Dodoma City. The findings show that, Benefit provided by the social
security funds are strong force to encourage informal sector employees. Government
policy once are clearly formulated could encourage social security funds to provide
relevant products in the demand of informal sector employees. Informal sector
employees are limited with accessibility of social security funds due to lack of
respective information on the operation of social security institution.
PAULMMBAGA, C (2021). Factors Influencinginformal Sector Workers Contributions To Pension Scheme: A Case Study Pensions Fund In Tanzania. Afribary. Retrieved from https://afribary.com/works/factors-influencinginformal-sector-workers-contributions-to-pension-scheme-a-case-study-pensions-fund-in-tanzania
PAULMMBAGA, CHRISTINE "Factors Influencinginformal Sector Workers Contributions To Pension Scheme: A Case Study Pensions Fund In Tanzania" Afribary. Afribary, 25 Apr. 2021, https://afribary.com/works/factors-influencinginformal-sector-workers-contributions-to-pension-scheme-a-case-study-pensions-fund-in-tanzania. Accessed 27 Nov. 2024.
PAULMMBAGA, CHRISTINE . "Factors Influencinginformal Sector Workers Contributions To Pension Scheme: A Case Study Pensions Fund In Tanzania". Afribary, Afribary, 25 Apr. 2021. Web. 27 Nov. 2024. < https://afribary.com/works/factors-influencinginformal-sector-workers-contributions-to-pension-scheme-a-case-study-pensions-fund-in-tanzania >.
PAULMMBAGA, CHRISTINE . "Factors Influencinginformal Sector Workers Contributions To Pension Scheme: A Case Study Pensions Fund In Tanzania" Afribary (2021). Accessed November 27, 2024. https://afribary.com/works/factors-influencinginformal-sector-workers-contributions-to-pension-scheme-a-case-study-pensions-fund-in-tanzania