Monday, July 4, 2011

Employers advised to beef up staff contributions to social security funds

By Nasser Kigwangallah
31st March 2009
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Assistant Labour Commissioner for Social Security David Kaali has called on employers in the country to increase their workers` contributions to social security funds to enable them reap handsome benefits in their retirement.

Kaali made the call at a one-day stakeholders` meeting to discuss social security draft regulations for 2009 in Dar es Salaam on Friday.

The meeting was organized by the Ministry of Labour, Employment and Youth Development and attended by social security funds including the Parastatal Pensions Fund, (PPF), National Social Security Fund (NSSF), Public Service Provident Fund (PSPF), Local Authorities Provident Fund (LAPF), National Health Insurance Fund (NHIF) and Government Employees Provident Fund (GEPF).

Others who attended came from the Prime Minister’s Office (Regional Administration and Local Government), Trade Union Confederation of Tanzania (TUCTA), Association of Tanzania Employers (ATE) and the Ministry of Health and Social Welfare.

The meeting aimed at discussing and reaching a consensus on the draft regulations before they were implemented.

He said the regulations were a follow-up to the passing of the Social Security Authority Act which became law on June 6, 2008.

“Implementation of the Act has started by preparing the draft Social Security Regulations which stakeholders got the chance to discuss,” he said.

University of Dar es Salaam don Prof Josephat Kanywanyi said appointment of people to run the new Social Security Regulatory Authority should be those who are honest and of integrity.

“Corrupt officials with questionable integrity should not be appointed at all to run the schemes which are responsible for safeguarding millions of shillings of members' contributions,” he warned.

He added that employees should use these schemes to contribute their money so that, in their retirement, they should be able to benefit immensely.
SOURCE: THE GUARDIAN

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