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dc.contributor.authorOkoth, George Owino
dc.date.accessioned2016-04-14T08:31:49Z
dc.date.available2016-04-14T08:31:49Z
dc.date.issued2015-11
dc.identifier.urihttp://hdl.handle.net/11071/4430
dc.descriptionA research project submitted in partial fulfilment of the requirements for the Degree of Bachelor of Business Science Actuarial at Strathmore Universityen_US
dc.description.abstractIn recent years many countries around the world have either undertaken or are seriously considering a pension reform due to various factors. This study was done to tty and establish the key factors Kenya should consider when undertaking a public pension system reform. Data was collected from 2005 to 2013. Time series regression analysis was conducted with the NSSF fund value growth as the dependent variable and the following independent variables: central government debt, pension debt, external debt, gross savings as percentage of GDP, contributions growth rate, age dependency and life expectancy. The regression analysis was used to determine the relationship between the dependent variable and the independent variables. The study found a significant relationship between the 'NSSF fund value growth and central government debt, pension debt, gross savings as percentage of GDP, life expectancy and age dependency ratio, indicating that pension reforms have generally been effected because of economic and demographic factors. The study recommends that policies should be put into place to better manage pension contributions, pension debt and the age dependency ratio, to increase the sustainability and robustness of the NSSF.en_US
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.subjectPublic pension System reformen_US
dc.subjectKenyaen_US
dc.titleAssessing the determinants of public pension system reform in Kenyaen_US
dc.typeOtheren_US


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