The table No.4.4. Below shows the
opinions from the informants
|
Response
|
Number
|
%
|
|
Yes
|
32
|
91.4
|
|
No
|
3
|
8.6
|
|
Total
|
35
|
100%
|
Source: Primary data
The above table indicates that 91.4% of respondents who are
working and aware of SSFR at the same time affiliated, whereby 6.4% of
respondent representing 3 are not affiliated to the SSFR because they are not
working , but they are benefiting from their deceased who saved for their
future.
4.4
Analyzing the importance of being insured in SSFR
The objective of this question was to analyze if the
respondents know the importance of being contributors of SSFR. Opinions from
respondents were that they are aware of importance of SSFR through the benefits
they received in the retirement period without working and professional hazard
is compensated. SSFR help old age to retire with dignity. The question has
been responded and the information is tabulated in the table below:
Table No.4.5. Awareness of
Importance of SSFR
|
Responses
|
Number
|
%
|
|
Yes
|
35
|
100%
|
|
No
|
0
|
0%
|
|
Total
|
35
|
100%
|
Source: Primary Data
The above table 8 shows the research that they are aware of
importance of being insured by SSFR, which represent 100% of the responded.
4.5.
Analysis if benefits are paid on time
The question viewed to get information from the informant if
they receive their benefits on time. The findings from the study show the
different responses from the 35 respondents interviewed by the researcher, they
said that they receive it on quarterly basis. They said that the trimester is
not a best time to pay the benefits and suggested that a payment should be on
monthly basis. For further understanding the table 9 below shows the
statistics.
Table NO.4.6. Analysis on benefits
to be paid on time
|
Responses
|
Number
|
%
|
|
Yes
|
0
|
0%
|
|
No
|
35
|
100%
|
|
Total
|
35
|
100%
|
Source: Primary Data
4.5 Analysis of allocation of benefits received from
SSFR
The objective of the question was to get
enlighten about the beneficiaries' view about the use of the allocated money
from SSFR . Opinions varied according every one's needs. Indeed, with the total
of 17 respondents, 14 said that they allocate usually the benefits received in
Children Education, Food and Shelter, agriculture, health care and
rehabilitation of their houses and this represent 82.4% of the respondents.
Whereby 3 representing 17.6% of the respondents said that benefits that SSFR
provides is not enough to be allocated in any business or other social
responsibilities. Hence, they are allocated to food and shelter. The views of
respondents are presented in the table below:
Table No.4.7. Analysis of SSFR
benefits allocation
|
Responses
|
Number
|
%
|
|
Education and Employment
|
14
|
82.4%
|
|
Healthcare and Disease
|
15
|
88.2%
|
|
Food and Shelter
|
17
|
100%
|
|
Water and Sanitation
|
17
|
100%
|
|
Savings
|
0
|
0%
|
|
Infrastructure
|
3
|
17.6%
|
Source: Primary Data
The above table illustrated shows that the majority of
beneficiaries allocate the Fund in Food and shelter, water and sanitation
covered 100%. Whereas, Education and employment come after satisfying their
basic needs and represent 82.4%. 17.6% of the respondent rehabilitates their
houses because they are gaining more money from benefits. It is apparently seen
that psychological needs are the ones satisfied as demonstrated by Keynes
theory of income illustrated « (Y= C+I+S-T). Since, the revenue from SSFR
only satisfies consumption; thus, these allocations do not align with the
economic trends. It is worth to note that standards of living are difficult to
measure, but indicators of social and economic development do exist. One of the
crudest measures is Gross Domestic Product (GDP) per capital, determined by the
value of all goods and services produced within a region over a given time of
period, averaged per person. Respondent answers are presented below in the
graph:
| 
