Effects of Longevity on Pension Planning in Zimbabwe. Preparing for Mortality Improvements in an Inflationary Environment

      Аннотация: This book is about the analysis of the effects of longevity risk on pension planning in Zimbabwe with a particular focus on defined benefit pension schemes. The study focused on the inability of Zimbabwean defined benefit pension schemes to meet their liabilities. A sample of 128 participants was drawn from randomly selected active employees who are members of pension funds. Data was gathered using a questionnaire. The study’s interest was to test the proposition that mortality is improving in Zimbabwe. The book also presents the major contributors to mortality improvements: technological advancement, education, lifestyle and other factors which include the millennium development goals and government interventions. The mortality improvement affects the longevity risk, thus it influences pension funds, too.

Ключевые слова: longevity, Mortality, Pensions, pension planning, Zimbabwe, Pension Funds