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dc.contributor.authorMurgor, Vanessa Cherotich
dc.date.accessioned2017-03-03T14:09:08Z
dc.date.available2017-03-03T14:09:08Z
dc.date.issued2015
dc.identifier.urihttp://hdl.handle.net/11071/5121
dc.description.abstractOver the years, there has been an advancement in the technology used in various procedures that aid in early detection of certain conditions and informed prevention of others . Improved sanitation and food supply to various regions as well as better nutrition has led to improved mortality and thus more individuals are living longer than expected. This, therefore, means that the government makes pension payments for even longer periods of time. Having a stable scheme funding is paramount to.ensure that members of the scheme are catered for after retirement. This paper looks into the conventional schemes used for the public service pension schemes while assessing the financial status of the scheme previously applied and study if the NDC scheme would provide a flexible and stable scheme. Using publicly available data, possible assessments are made using the NDC framework and a sample of the population to establish the sustainability of the scheme over the long run.en_US
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.subjectNon-financial defined contribution scheme (NDC)en_US
dc.subjectDBen_US
dc.subjectFinancial stabilityen_US
dc.subjectfinancial strainen_US
dc.titleApplicability of non-financial defined contribution scheme compared to financial schemes in Kenyaen_US
dc.typeLearning Objecten_US


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