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Tanzania NSSFTanzania NSSF

The National Social Security Fund (NSSF) of Tanzania was established by the Act of Parliament No. 28 of 1997 to replace the defunct National Provident Fund (NPF).

NSSF is a compulsory scheme providing a wider range of benefits which are based on internationally accepted standards.

NSSF covers the following categories of employers and employees:

  • – Private Sector (companies, non-governmental organizations, embassies employing Tanzanians, international organizations and organized groups in the informal sector)
  • – Government ministries and departments employing non-pensionable employees
  • – Parastatal organizations
  • – Self-employed or any other employed person not covered by any other scheme
  • – Any other category as declared by the Minister of Labour

The scheme is financed through contributions at the rate of 20% of employees’ salary.

The employer is required to deduct from employee’s gross salary the amount of contribution not exceeding 10% of the employee’s salary.

The employer adds the remaining balance to make the required contribution rate of 20%.

NSSF is a fully funded scheme running under defined benefit principles. All funds collected are wholly invested for the purpose of financing benefit payments.

Some of NSSF’s investment projects include:

  • – The Kigamboni Bridge, which is a Joint Venture project between the Fund (60%) and Government (40%)
  • – Real estate projects, including the Dege Eco Village, the Kiluvya Hills and Mtoni Kijichi