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Social Security And Pension Fund Aba 428 Question Paper

Social Security And Pension Fund Aba 428

Course:Social Security And Pension Fund

Institution: Jaramogi Oginga Odinga University Of Science And Technology question papers

Exam Year:2013

SECTION A:QUESTION ONE(COMPULSORY) 30 MARKS

v. Define social security(4 marks)
vi. International labour organization define the traditional contingencies covered by social security .Highlight the five contingencies in his definition (6 marks)
vii. What should we avoid in designing social security(10 marks)

SECTION B: Attempt any two questions (20 marks each)

The principle behind social security is that people earn benefits by contributions,paid while they are still working .Discuss the advantages and
disadvantages of social security insurance(20 marks)

QUESTION THREE

iii. Explain any social security benefits (10 marks)
iv. Differentiate between employment based pension and social and state pension(10 marks)

QUESTION FOUR
Pension funds are important to shareholders of listed and private
companies.They are especially important to stock market where large
institutional investors dominate.Write short notes on

iii. Open and closed pension funds (10 marks)
iv. Public and private pension funds (10 marks)

QUESTION FIVE

i. What are the methods of providing pension (10 marks)
ii. Explain the features of funded and unfunded pension (10 marks)

Social Security And Pension Fund Aba 428 Question Paper

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