Determinants of retirement benefits schemes financial performance in Kenya
Abstract
The pension industry has been growing over the years .This is majorly because of the
concern of social security after retirement concerns for the Kenyan work force. This has
been so because a large task force of the Kenyan population is increasingly being
employed in the private sector which has designated occupational pension schemes for
the employees. This has been so because there is need to replace income after the active
working years for a person who has been used to a pay check at the end of every month.
Therefore pension has come in handy to secure the future of the working population. The
contributions being made to the pension scheme need to be prudently invested so as to
generate good returns for the members which then form part of their benefits.
The study sought to examine the determinants of retirement benefits scheme financial
performance in Kenya through the use of regression model that related the determinants
and retirement benefits schemes financial performance in Kenya. The findings of the
study suggest that all the determinants had a positive relationship with the schemes
financial performance. The study thus suggests that all the determinants play a role in
determining the schemes financial performance and more research should be done on the
efficiency of the capital markets operations.
Citation
Masters in Business AdministrationSponsorhip
The University of NairobiPublisher
School of Business