Various vaccines have been approved for use to combat COVID-19 that offer imperfect immunity and could furthermore wane over time. We analyze the effect of vaccination in an SLIARS model with demography by adding a compartment for vaccinated individuals and considering disease-induced death, imperfect and waning vaccination protection as well as waning infections-acquired immunity. When analyzed as systems of ordinary differential equations, the model is proven to admit a backward bifurcation. A continuous time Markov chain (CTMC) version of the model is simulated numerically and compared to the results of branching process approximations. While the CTMC model detects the presence of the backward bifurcation, the branching process approximation does not. The special case of an SVIRS model is shown to have the same properties.
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