Emphasis on Prudent Investment of Members' Contributions for Future Benefits
Latest Tanzania finance news · Emphasis on Prudent Investment of Members' Contribution… explained · updated Aug 4, 2026 · economy news · GDP · investment
TLDR
- Mr Sangu said the board’s core mandate, as provided under Section 11 of the PSSSF Act, is to oversee the fund’s operations, including member services, collection of contributions, investment of resources and payment of.
- On investment, Mr Sangu stressed that members’ contributions must be managed professionally and invested prudently to preserve their value while generating sufficient returns to meet future benefit obligations.
- Members’ contributions are invested today with the expectation of paying benefits many years from now.
- He added that prudent investment and sound governance will be crucial in maintaining the fund’s financial stability, ensuring timely payment of benefits and improving service delivery as PSSSF implements its strategic.