Pension Fund Management: The Case of Ethiopian Social Security Agency
- Pension, Management, Social security, social security fund, Ethiopia
The research study evaluated pension fund management of Ethiopian social security agency. To attain these objectives, eleven years’ financial statements were used as a secondary data and different ratio analysis was carried out to examine the status of fund management of Ethiopian social security agency. Those ratios shows that the organization current assets is very much large when compared with its current liabilities which shows the organization is in the best position to pay off all of its current liability. Again, the finding displays the asset turnover has been decreasing from time to time which shows under utilization of companies asset. In addition to this, large percentage of the asset of social security is financed by equity and small percentage is financed by debt. Lastly,the analysis puts that the organization is absorbent up to 50% of its income. That means up to 50% of them is consumed by its expenses.