On understanding the implication of pension debt on fiscal policy in Tanzania: Is there any room for improving the adequacy of pension benefits?

Figures & data

Figure 1. Life-cycle capital and savings

Source: Modified from the Baranzin (2005).

Figure 2. Pension expenditure vs contribution income

Figure 3. Pension expenditure vs pension assets

Figure 4. Pay-as-you-Go rate (PAYG)

Figure 5. Pension reserves

Figure 6. Actual contributions and legal contribution rate

Source: Author’s plot from Computation

Baranzin, M. (2005). Modiglian’s life cycle theory of saving fifty years later. PSL Quarterly Review, 58, 233–16.

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