Exploratory on the Social Capital and Private Saving Theories for Integration of Voluntary Contribution to Pension Scheme in Tanzania

The study reviewed two theories, namely Social Capital and Private Saving. Both explain the significance of voluntary contributions to pension scheme. They used approaches offer insights into how towards social security schemes are built up their implication informal sector actors. capital private saving theories’ effect on scheme contributions. were critically assessed relevance voluntarily contributing a in Tanzania. showed embed important sociocultural attributes such as networks, mutual support, norms that facilitate cohesive support between actors (individuals organisations) governed by standards trust enable them pursue shared goals objectives for benefit. Theories an emphasis workers betterment retirement age. This is critical time since senior citizens cannot continue work due old