Abstract:
This study investigates artisanal workers' participation in the SSNIT Informal Sector
Fund (SISF) and other pension plans in Kasoa, focusing on critical factors influencing
subscription, plan evaluation, and barriers to access. Data analysis from Chapter 4
reveals that a significant majority (86%) of surveyed artisans are not subscribed to
SISF, yet among subscribers, a notable proportion (85.71%) have enrolled within the
last 3 to 5 years. Evaluation of pension plans reveals disparities across demographic
factors, with gender, age, and occupation influencing subscription rates. Females and
certain occupations, like businessmen/women and traders, exhibit higher participation
rates. Regression analysis underscores the impact of knowledge about SISF and socio economic, financial, and geographical access on subscription decisions, advocating
for enhanced awareness and accessibility measures. Chi-Square Test results highlight
associations between socio-economic, financial, and geographical access and
subscription rates, emphasizing the need to address barriers related to income,
education, and geographic accessibility to promote pension scheme participation
among artisanal workers.
Description:
A Dissertation in the Department of Applied Finance and
Policy management, School of Business, Submitted to the
School of Graduate Studies, in Partial Fulfilment of the
Requirements for the award of
Master of Business Administration
(Finance)
in the University of Education, Winneba
