Enhancing Longevity Among Pensioners: Investigating Determinants in Ilala Municipal Council, Tanzania

Abstract

Introduction: Tanzania's population is aging rapidly, with a significant increase in the number of pensioners. This study investigates the determinants of pensioners' longevity in Tanzania, highlighting its critical importance in post-retirement life. The findings might be used to develop targeted interventions to promote healthy aging practices and improve pensioners' well-being in Ilala and beyond.

Methods: The study focused on retired individuals in Ilala, Dar es Salaam, employing a cross-sectional approach and enrolling 65 participants. Data collection was carried out through questionnaire interviews, and the resulting dataset underwent quantitative analysis utilizing descriptive statistics and inferential techniques, including OLS regression using SPSS and STATA.

Results: The research findings indicate that consistent monthly pension contributions, regular health check-ups, adequate financial support for children, and strategic investments in bonds and small and medium enterprises (SMEs) significantly influence an individual's longevity. Entrepreneurship skills, whether developed before or after retirement, have been identified as having a positive impact on longevity.

Conclusion: The study plays a crucial role in shaping policy by shedding light on the key factors contributing to pensioners' well-being. It strongly advocates for the prioritization of investments in SMEs to ensure financial stability for pensioners. Additionally, the study underscores the significance of encouraging ongoing support from the children of pensioners, as this has been proven to significantly enhance both the quality of life and longevity of pensioners.