Tanzania: Pension Funds At the Crossroads

Arusha — CONCERN has been raised that Tanzania will likely face a major crisis in form of the influx of pensioners in fifty years as more than 70 per cent of the country's population will be retired.

Several speakers at the third forum of National Social Security Fund (NSSF) members here cautioned on the influx, opining that Tanzania is fast becoming a nation of young people with more than half of the population on retirement gear and hence 'the retiree boom' and more pressure on the pension funds.

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