alexa Adopting Private Pension System in Ethiopia
Business & Management

Business & Management

Journal of Business & Financial Affairs

Author(s): Emerta Asaminew

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In spite of the case that the paper to s ome extent touched pension fund reforms in some countries from public managed to fully funded one, the central theme of this paper is to offer background information and analysis for policy dialogue on introducing private pension funds for the other segmen ts of the society employed in the private and informal sectors of the economy. In the face of small government and booming private sector participation in the education and health sector among others, the non - government employees in Ethiopia are estimated to constitute 91 percent of total employment. The establishment would also create a chance for the uncovered public employees as well as those who want to contribute more even side by side with the public pension system where they have membership. The coun try would benefit from the launching of the system through a more facilitated financial system and hence economic growth. It could also play a decisive role in reducing old age dependency and poverty

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This article was published in Journal of Business & Financial Affairs and referenced in Journal of Business & Financial Affairs

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