Tanzania: SSRA Ready to Listen to Stakeholders On Pensions

Dar es Salaam — The Social Security Regulatory Authority (SSRA) says it is ready to listen to stakeholders' views with regard to the new formula for calculating retirees' benefits provided they follow proper channels.

This comes a day after the Trade Union Congress of Tanzania (Tucta) issued its stand on the new pension regulations, which have drawn criticism from various quarters. Tucta told the press on Wednesday that it had no objection to the government's decision to merge pension funds, but was against the new regulations, which have introduced a new formula for calculating pensioners' benefits.

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