Company type | Quasi-government |
---|---|
Industry | Social security |
Predecessor | National Provident Fund |
Founded | 1997 |
Headquarters | B. Mkapa Pension Towers, Plot no 759, Block No 10, Azikiwe Street, Kivukoni, Ilala District, Dar es Salaam Region, Tanzania |
Area served | Tanzania mainland |
Key people | Board Chairperson Mwamini Juma Malemi Director general Masha J. Mshomba |
Products | Pension fund |
Revenue | TSh (2014)[1] |
Total assets | TSh (2011)[2] |
Parent | Government of Tanzania |
Website | Fund Website |
The National Social Security Fund (NSSF) is the government agency of Tanzania responsible for the collection, safekeeping, responsible investment, and distribution of retirement funds of all employees in all sectors of the Tanzania economy that do not fall under the governmental pension schemes. The headquartersare located in Kivukoni ward of Ilala District of Dar es Salaam Region. There are one other pension fund organizations in the country; the Public Services Social Security(PSSSF). Fund for all employees working directly under the government and for all employees working under governmental Parastatal organization[3][4]
The NSSF was founded in 1997 as the successor to the defunct National Provident Fund (NPF). NSSF covers all other employers in the country and participation for both employers and employees is compulsory. NSSF is both a pension fund and a provident fund.[5]