15 March 2014

Tanzania: NSSF Woos Tanga Residents to Become Members of Fund

Korogwe — RESIDENTS of Tanga region have been urged to join National Social Security Fund (NSSF) schemes in order to benefit from its gratuity in a bid to fight poverty from the family level.

The call was made over the weekend by Tanga NSSF Manager, Dr Frank Maduga during one day seminar to journalists that aimed at sensitising them to join the fund and educate the public on its benefits which held in Korogwe town.

He said NSSF was a reliable social security fund that can elevate people from poverty to a better standard of living if they are made aware of the available schemes and their benefits.

Citing as an example, Dr Maduga said that NSSF offers health gratuity with which members can get medical treatment from any hospital freely without reduction from his or her accounts.

"We are different from other social funds, here in NSSF we offer treatment to our members free of charge without any deductions from the member's contributions," he said.

He said due to families having many dependents, a lot of money is spent on paying medical bills when family members fall ill making it a huge burden to the family.

Through the health gratuity scheme, a family could save money because sick family members would access medical treatment freely even at referral hospitals, he said.

He also called on journalists to educate the public about the importance of social funds so that many would join in order to enjoy current and future benefits during old age and while in retirement.

In another development, NSSF in the region has spent about 1.3bn/- in the past eight months as loans to its members.

According to NSSF Officer, Mr Emmanuel Masika, the loans were channeled through selected SACCOs and he mentioned them as NIMR SACCOs, Tanga UWASA SACCOs, Maramba SACCOs and TCCI- Muheza SACCOs.

"We focus on helping our members alleviate poverty therefore we have this loan scheme which has very low interest and prolonged period of payment of between two and five years," he said.

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