Pension fund for Diaspora scheme; Oh Yeah... God Bless Tanganyika... | JamiiForums | The Home of Great Thinkers

Dismiss Notice
You are browsing this site as a guest. It takes 2 minutes to CREATE AN ACCOUNT and less than 1 minute to LOGIN

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

Discussion in 'JF Chit-Chat' started by nngu007, Apr 6, 2011.

  1. nngu007

    nngu007 JF-Expert Member

    Apr 6, 2011
    Joined: Aug 2, 2010
    Messages: 15,871
    Likes Received: 56
    Trophy Points: 145

    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.
  2. MrNSSF

    MrNSSF Senior Member

    Apr 8, 2011
    Joined: Mar 17, 2011
    Messages: 136
    Likes Received: 6
    Trophy Points: 0
    NSSF always looks after your future