1. St. Mary's University Institutional Repository

Browsing by Subject This study was undertaken to assess the practices and challenges of pension funds investment in Ethiopian Social Security Agency and Private Organization Employee Social Security Agency. The primary data were collected from thirty six key informants who had specialized knowledge about the pension funds investment of the Agency. This was supplemented by secondary data. The researchers used a mixed approach study where the quantitative data show existing pension funds investment practices of the agency quantitatively and the qualitative data shows the opinion of respondents regarding pension fund investment practices at ESSA & POESSA and related issues. The study result shows the agency’s investment activities have been influencing by implicit and explicit government intervention, especially, the invested pension fund in one way or another has been used as a captive source of finance for the government. In addition, underdeveloped financial market, limited expertise in the area, low market return and low understanding about the fund from officials have been challenging the investment of pension funds in ESSA and POESSA.