Pension fund for Diaspora scheme; Oh Yeah... God Bless Tanganyika...

nngu007

JF-Expert Member
Aug 2, 2010
15,862
5,797





Dar es Salaam. The National Social Security Fund Tanzania [NSSF] is planning a pension scheme for Tanzanians in the Diaspora.NSSF has already outlined and discussed the idea with some Tanzanians who live in America, the security fund’s director general, Dr Ramadhani Dau has said, noting that the scheme should be implemented before June, this year.
“We have done a lot of groundwork and the scheme should be realised before the end of the current financial year,” Dr Dau told members of the Parliamentary Parastatal Organisations Accounts Committee [POAC] in Dar es Salaam recently.

The Welfare Scheme for Tanzanians in Diaspora (Westadi) targets to cover at least five per cent of the Diaspora.

Under the scheme, which is designed like an insurance policy, NSSF will offer outpatient and in-patient medical services to Westadi members and their families back in Tanzania.
According to NSSF a premium of $200 (Sh300,000) will provide coverage for the insured and up to four dependents in Tanzania.

Medical services will be provided by accredited and reputable medical providers. NSSF will also provide an air ticket for a Westadi member to come back home in times of sickness. A ticket will also be provided to a person accompanying the sick member.The fund is negotiating with Stanbic Bank Tanzania in order to manage and collect the premiums.
 
Back
Top Bottom