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Wednesday, March 20, 2013

VP Bilal receives new PSPF members


 

By The Citizen Reporter
Dar es Salaam. Vice President Dr Mohammed Gharib Bilal yesterday received new members of the Public Service Pension Fund (PSPF).

The members are among the first individuals who are not civil servants to be registered by the government pension fund following amendments to the Social Security Regulatory Authority Act.Dr Bilal received the new members – a fisherman and a small trader – during the PSPF Annual General Meeting he officiated in the city.

In his remarks, he urged the PSPF and other social security funds to make sure that they reach all Tanzanians who are eligible for services of the fund.

“Make sure that you make all efforts to reach many Tanzanians in the formal and informal sectors,” Dr Bilal said.
 
PSPF board of trustees’ chairman, Mr George Yambesi, said the social security fund, which was 
He blamed the government over delaying contributions of civil servants.
 
In a quick response, Finance minister William Mgimwa expressed government commitment to forward monthly instalments for pensions on time.

PSPF acting director general, Mr Adam Maingu, said the fund’s size grew to Sh1.09 trillion by June last year.

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