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The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings
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The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. Social Security in Tanzania A Regulatory Perspective Irene C. Isaka, Director General 23rd PPF ANNUAL MEMBERS CONFERENCE 2-4 October 2013; AICC-Arusha
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. Definition Protection measures provided by society against economic and social distress caused by stoppages or substantial reduction of earnings resulting from sickness, maternity, employment injury, unemployment, disability, old age, or death.
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. THE FRAMEWORK Framework Tier three: Supplementary Social Security Schemes – voluntary contributions from members Tier two: Mandatory Social Security Schemes – mandatory deductions from salaries Tier one: Universal, Social Assistance Schemes – funded by tax payers
MLE PMO-RALG MoF MoH SSRA NSSF LAPF PPF GEPF NHIF PSPF Prepared by Irene Isaka
Recent Initiatives in Regulatory framework Enactment of the Social Security (Regulatory Authority) Act, No.8, of 2008 Adoption of the National Social Security Policy, 2003 • Establishment of the Social Security Regulatory Authority; 2010
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. Gorvernance Governance structure Structure
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. functions REGULATORY FUNCTIONS regulatory Advisory
GOVERNANCE HIGH LEVEL MANDATORY SCHEMES Ministry responsible for scheme Ministry responsible for Social Security Legislation, policy formulation, issuance of regulations and orders Appointment of trustees, performance oversight SSRA Registration, Issuance of guidelines, inspection& supervision Translation of legislation, strategic planning, approval of internal policies Scheme trustees Scheme management Implementation of policies, guidelines and strategic plan
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. Inadequacy CHALLENGES Fragmented benefits Limited coverage
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. Membership 1.8mln Contribution 1.6 Trl Benefits 1.06 Trl Pensioners 87,000 Investments 4.8 Trl Assets 6.4 Trl
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. PUBLIC AWARENESS Overview • Social Security week • Seminar presentations • Employer initiated presentations • Workshops for employee/employer/ students/ informal sector organizations • Face to face meetings • Exhibitions • Radio/ TV programmes • Articles in print media • Interactions with social media(hakipensheni, socialsecurity.or.tz, hifadhiyajamii.or.tz Current status Future Direction
Long term Perspective Reforms are divided into 3 phases; 3. Growth & Prosperity 2. Stabilisation 1. Extension & Harmonisation
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. YOUR ROLE towards Social Security for all Your Role in SSFA • Encourage new staff to exercise their rights • Follow up on employee contributions • Educate employees on benefits • Encourage a personal finance education strategy in the organization • Encourage establishment of supplementary schemes • Spread your knowledge in your communities
The protection measures which society provides for its members -through a series of public measures against economic and social distress -caused by stoppages or substantial reduction of earnings -resulting from sickness, maternity, employment injury, unemployment, disability, old age, death, provision of medical subsidies for families with children. www.ssra.go.tz 2nd Floor Alpha house, Bagamoyo road Tel: 022 2761681 info@ssra.go.tz Future Direction ASANTENI SANA