Parastatal Pension Funds
Parastatal Pensions Fund (PPF) was established by the Parastatal Pensions Act, No. 14 of 1978 to provide pensions and other related terminal benefits to all employees from Parastatal and private sectors. The current operations of the Fund are guided by the Parastatal Organization Pensions Scheme Act [CAP 372 R. E. 2002]. As a social security scheme PPF has the responsibility of registering members, collecting and administering members’ contributions, investing members’ fund and granting benefits to members depending on different contingencies as specified in the Act.
The vision of the fund is focused towards freeing members from hardships arising out of loss of income due to old age, disability, death and the related risks. In order to ensure that our members are provided with the effective and efficient services PPF established a number of zonal offices close to the members. By the year 2010, PPF had established zone offices in the following regions:- Arusha, Mwanza, Morogoro, Mbeya, Mtwara, and Dar es salaam, which also include, Ilala office, Kinondoni office and Temeke office. PPF has also established liaison offices in the following regions: Mafinga-Iringa, Tabora, Dodoma, Kahama, Tanga and Moshi.
Apart from opening offices close to members’ vicinity, PPF had also made it possible for members to access information relating to their contribution, pension and claims by using PPF TAARIFA. Through this service members can obtain information regarding their contributions, pensions and claims using their mobile phones. This can simply be done by sending the word(s) ‘Michango’, ‘Pensheni’ or ‘Dai’ to number 15553.
For more information please visit PPF’s website, www.ppftz.org.