Revista Internacional de Economia e Ciências de Gestão

Merging of Social Security Fund and Its Effect on Organizational Survival and Growth; a Case of PSSF in Tanzania

Abstract

Tresphory Othumary Mgeni

This study intended to assess the effect of merging of social security funds (SSFs) on the organizational survival and growth of Public Social Security Services Funds (PSSSF) in Tanzania. The study is based on 192 respondents sampled by non-profanity sampling method by convenient sampling technique from 516 staff from all 29 branches and its headquarters in Dar es salaam, Tanzania. Telephone interview was used to collect data from 30 respondents who constituted managers of PSSSF (at least one from each branch and headquarters) and questionnaires were administered to 162 sampled conveniently from all the 29 branches and headquarter. Data collected by telephone interview was analyzed by descriptive statistics by Excel and its output summarized in figures and tables while data collected by questionnaire were analyzed by descriptive statistics and Quirkois 2.4. The purpose of using more than one tool in data collection and analysis was to cross validate the data and findings so as to increase its accuracy, The findings indicated that, merging has high effect on survival and growth of PSSSF in Tanzania, This study recommend deliberate efforts of the Tanzanian government to ensure survival and sustainable growth of PSSSF after the merging to help the newly merged fund to overcome challenges that has resulted into failures elsewhere and reconcile conflicting elements of organizational environment that has brought along with the funds that were merged.