The Public Service Social Security Fund (PSSSF) is a social security program that was established under the Public Service Social Security Act of 2018. Its primary objective is to gather contributions and provide terminal benefits to public service employees. This act is applicable in mainland Tanzania.
Under this scheme, contributions are collected from both the employees and the government. These contributions are pooled together to form a fund that is used to provide various social security benefits to the participating public service employees. The fund is managed by the PSSSF, which oversees the collection of contributions, administration of the program, and disbursement of benefits.
One of the key benefits provided by the PSSSF is the payment of terminal benefits. Terminal benefits are financial payments made to employees upon the termination of their employment. These benefits typically include gratuity, severance pay, and any other relevant end-of-service benefits. The PSSSF ensures that these terminal benefits are calculated and paid out to eligible employees in accordance with the provisions of the Public Service Social Security Act.
It's important to note that the PSSSF operates specifically in mainland Tanzania, and its coverage extends to employees in the public service sector. The act sets out the legal framework and guidelines for the operation of the PSSSF, ensuring that employees in the public service have access to social security benefits and financial protection upon retirement or termination of employment.
Also read: Kujua salio PSSSF
For more information about the PSSSF Visit: www.psssf.go.tz
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