Determinants of Participation in Occupational Pension Funds by Private Sector Workers in South Africa

Sheshangai Kaniki and Miracle Ntuli ()
Additional contact information
Miracle Ntuli: Momentum Group Limited

The African Finance Journal, 2011, vol. 13, issue 2, 54-79

Abstract: This paper examines the determinants of pension participation in contributory funds by private sector workers in South Africa using Labour Force Survey data. Pension participation increases with income, education, job-tenure, firm-size and working in the formal sector. Household-size and being self-employed have a negative impact on pension participation. Policymakers will register greater success in encouraging pension participation by promoting efforts to increase incomes, improve educational outcomes and encourage job creation within the formal sector. Measures to reach the self-employed, agriculture, trade and construction sectors, and small firms should be pursued as part of efforts to expand participation.

JEL-codes: G23 J32 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.journals.co.za/ej/ejour_finj.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:afj:journl:v:13:y:2011:i:2:p:54-79

Access Statistics for this article

More articles in The African Finance Journal from Africagrowth Institute Contact information at EDIRC.
Bibliographic data for series maintained by Kirk De Doncker ().