Effect of Social Security Pension Scheme on Social Welfare of Rwandans, Case Study: Rwanda Social Security Board

Venuste Biziyaremye, Dr. Tobias Olweny, Dr. Mbabazi Mbabazize

Abstract: The research aimed at examining the effects of Social Security pension Scheme on welfare of Rwandans because Pension schemes in most African nations; suffer from a series of significant weaknesses reflecting deficiencies in their design, financing and administration hence poor social welfare of the pensioners. The researcher intend to achieve this by use of three specific objectives namely; To analyze the effect of old age pension scheme on social welfare of members in Ngoma district; To examine the effect old age lump sum pension scheme on social welfare of members in Ngoma district and to assess the effect of survivors pension on social welfare of members in Ngoma district. The researcher used descriptive method of study based on qualitative and quantitative approach in order to get better analysis of the study. The population size is 645 and sample of 215 respondents was taken. Both primary and secondary sources with their relevant tools like questionnaire and documentary analysis in order to come up with required data. The data was processed by use of SPSS version 22 and analyzed by use of frequency/percentages and relationship was established by use of Pearson correlation model. In the finding it was established that Rwanda Social Security Board has Social Security Pension Scheme like Old Age Lump Sum Pension Scheme, Old Age Pension Scheme and survivor’s benefit which is provided to beneficiaries, at the right amount, and right time. In the finding it was established that the Social Security Pension Scheme has promoted the welfare of beneficiaries inform of educational standards of beneficiary’s family, nutritional status of beneficiaries family, accommodation status of beneficiaries families, dressing for of beneficiaries’ family and transport means beneficiaries. In summary it was established that there is a relationship between Social Security Pension Scheme and Social Welfare of Members in Ngoma district, out of 215 and the significant level is 0.01, the results indicate that independent variable has Positive strong correlation to dependent variable equal to .927** and the p-value is .000 which is less than 0.01. When p-value is less than significant level, therefore researchers conclude that variables are correlated. This means that there is a significant relationship between Social Security Pension Scheme and Social Welfare of Members. Keywords: Social Welfare of Rwandans, Case Study: Rwanda Social Security Board. Title: Effect of Social Security Pension Scheme on Social Welfare of Rwandans, Case Study: Rwanda Social Security Board, Author: Venuste Biziyaremye, Dr. Tobias Olweny, Dr. Mbabazi Mbabazize International Journal of Thesis Projects and Dissertations (IJTPD) Research Publish Journals

Vol. 4, Issue 2, April 2016 – June 2016

Citation
Share : Facebook Twitter Linked In

Citation
Effect of Social Security Pension Scheme on Social Welfare of Rwandans, Case Study: Rwanda Social Security Board by Venuste Biziyaremye, Dr. Tobias Olweny, Dr. Mbabazi Mbabazize