Minister Urges PSSSF Board to Ensure Prudent Investment of Members' Contributions
Habari mpya za uchumi Tanzania · maelezo ya Minister Urges PSSSF Board to Ensure Prudent Investment… · imesasishwa 4 Aug 2026 · habari za uchumi · pato la taifa · uwekezaji
Muhtasari
- 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.
- The directive was issued by the Minister of State in the Prime Minister’s Office (Labour, Employment and Persons with Disabilities), Mr Deus Sangu, during the inauguration of the new PSSSF Board at the PSSSF Commercial.
- 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.
- 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.
- THE newly appointed Board of Trustees of the Public Service Social Security Fund (PSSSF) has been directed to uphold the law and government guidelines to safeguard the fund’s sustainability and improve services to.