id:"swepub:oai:DiVA.org:liu-143272"
Sökning: id:"swepub:oai:DiVA.org:liu-143272" > Projecting Tanzania...
- 1 av 1
- Föregående post
- Nästa post
- Till träfflistan
- John Mwakisisile, AndongwisyeDepartment of Mathematics, University of Dar es Salaam, Dar es Salaam, Tanzania (författare)
Projecting Tanzania Pension Fund System
- Artikel/kapitelEngelska2017
Förlag, utgivningsår, omfång ...
- 2017-01-01
- Afrika Statistika - SPAS,2017
- printrdacarrier
Nummerbeteckningar
- LIBRIS-ID:oai:DiVA.org:liu-143272
- https://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-143272URI
- https://doi.org/10.16929/ajas/2017.193.210DOI
Kompletterande språkuppgifter
- Språk:engelska
- Sammanfattning på:engelska
Ingår i deldatabas
- SwePubSwePub
Klassifikation
Anmärkningar
- A mandatory Tanzania pension fund with a final salary defined benefit is an- alyzed. This fund is a contributory pay-as-you-go defined benefit pension system which is much affected by the change in demography. Two kinds of pension benefit, a commuted (at retirement) and a monthly (old age) pension are considered. A decisive factor in the anal- ysis is the increased life expectancy of members of the fund. The projection of the fund’s future members and retirees is done using expected mortality rates of working population and expected longevity. The future contributions, benefits, asset values and liabilities are analyzed. The projection shows that the fund will not be fully sustainable on a long term due to the increase in life expectancy of its members. The contributions will not cover the benefit payouts and the asset value will not fully cover liabilities. Evaluation of some possi- ble reforms of the fund shows that they cannot guarantee a long-term sustainability. Higher returns on asset value will improve the funding ratio, but contributions are still insufficient to cover benefit payouts.
- A mandatory Tanzania pension fund with a final salary defined benefit is analyzed. This fund is a contributory pay-as-you-go defined benefit pension system which is much affected by the change in demography. Two kinds of pension benefit, a commuted (at retirement) and a monthly (old age) pension are considered. A decisive factor in the analysis is the increased life expectancy of members of the fund. The projection of the fund’s future members and retirees is done using expected mortality rates of working population and expected longevity. The future contributions, benefits, asset values and liabilities are analyzed. The projection shows that the fund will not be fully sustainable on a long term due to the increase in life expectancy of its members. The contributions will not cover the benefit payouts and the asset value will not fully cover liabilities. Evaluation of some possible reforms of the fund shows that they cannot guarantee a long-term sustainability. Higher returns on asset value will improve the funding ratio, but contributions are still insufficient to cover benefit payouts.
Ämnesord och genrebeteckningar
- NATURVETENSKAP Matematik Sannolikhetsteori och statistik hsv//swe
- NATURAL SCIENCES Mathematics Probability Theory and Statistics hsv//eng
- Pension fund; Pay-as-you-go; Defined benefit; Demography
Biuppslag (personer, institutioner, konferenser, titlar ...)
- Larsson, Torbjörn,1957-Linköpings universitet,Optimeringslära,Tekniska fakulteten(Swepub:liu)torla64 (författare)
- Singull, Martin,1977-Linköpings universitet,Matematisk statistik,Tekniska fakulteten(Swepub:liu)maroh70 (författare)
- Mushi, AllenDepartment of Mathematics, University of Dar es Salaam, Dar es Salaam, Tanzania (författare)
- Department of Mathematics, University of Dar es Salaam, Dar es Salaam, TanzaniaOptimeringslära (creator_code:org_t)
Sammanhörande titlar
- Ingår i:African Journal of Applied Statistics: Afrika Statistika - SPAS4:1, s. 193-2182316-0861
Internetlänk
Hitta via bibliotek
- African Journal of Applied Statistics (Sök värdpublikationen i LIBRIS)
Till lärosätets databas
- 1 av 1
- Föregående post
- Nästa post
- Till träfflistan
Hitta mer i SwePub
- Av författaren/redakt...
- John Mwakisisile ...
- Larsson, Torbjör ...
- Singull, Martin, ...
- Mushi, Allen
- Om ämnet
-
- NATURVETENSKAP
- NATURVETENSKAP
- och Matematik
- och Sannolikhetsteor ...
- Artiklar i publikationen
- African Journal ...
- Av lärosätet
- Linköpings universitet
Sök utanför SwePub
- Sök vidare i:
- Google Book Search
- Google Scholar
Kungliga biblioteket hanterar dina personuppgifter i enlighet med EU:s dataskyddsförordning (2018), GDPR. Läs mer om hur det funkar här.
Så här hanterar KB dina uppgifter vid användning av denna tjänst.
- Copyright © LIBRIS - Nationella bibliotekssystem
- LIBRIS.kb.se
