7 June 2014

Tanzania: Pension for Elderly Delaying

Dodoma — IMPLEMENTATION of pension programmes for the elderly has not started, the National Assembly was informed on Friday. Answering a question posed by Leticia Nyerere (Special Seats--Chadema), the deputy minister of Labour and Employment, Dr Makongoro Mahanga said government is determined to ensure all its people including the elderly get pension cover.

The legislator wanted to know why Prime Minister Mizengo Pinda's promise to introduce a pension fund for the elderly has not yet been implemented. The Premier, while officiating at the International Day of Elderly Persons on October 1, 2010, promised to establish a programme to support the elderly and directed the relevant authorities to take appropriate measures towards the goal, with the Social Security Regulatory Authority (SSRA) assuming the central role.

Dr Mahanga said the establishment of sustainable sources of revenues to finance the programme, creation of the body to oversee the fund and collection of public views on the proposed programme are some of the pending issues.

The deputy minister said providing pension to the elderly, estimated at 2.5 million by 2012, is very expensive. He said government would need a whopping 600bn/- annually.

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