Mwinyi demands list of ZSSF defaulters 

PRESIDENT Hussein Mwinyi has warned employers who are not remitting their employees’ contributions to Zanzibar Social Security Fund (ZSSF) to do so immediately or else risk facing the government’s wrath.

Speaking here recently where some employers and employees gathered to mark the 25thanniversary since the ZSSF was established, Dr Mwinyi directed the ZSSF Managing Director Mr Nassor Shaaban Ameir to submit to him a list of defaulters.

He said ZSSF is good in finding ways to sustain the funds and pay retirees, while also investing in various development projects.

“I have no doubt, all the planned projects to be implemented by ZSSF, will be successful in creating  employment opportunities and increasing  income to  the fund  and contribute to the growth Zanzibar’ s economy,” Dr Mwinyi  said.

He said ZSSF development relies on strong cooperation between the government, employees and employers, appealing to all government and private employers to submit their contributions in time to facilitate the operations of ZSSF, aiming at building good foundations for their employees when they retire or when they need their benefits.

Dr Mwinyi also asked entrepreneurs to register with ZSSF due to its multiple benefits, especially when they encounter challenges with their businesses.

“The aim of establishing ZSSF is to collect contributions, invest and pay benefits in accordance with the existing laws,” Dr Mwinyi said, adding that the funds also play an important role in economic growth.

He explained that despite the great success of ZSSF in 25 years of its existence, it has not yet invested in bigger projects, urging the institution to learn from others in order to increase efficiency and have more productive investments.

Dr Mwinyi praised ZSSF for implementing the recent changes of minimum monthly pension for retirees from 90,000/- to 180,000/-.

Minister of State in the President’s Office in charge of Finance and Planning, Dr Saada Mkuya Salum explained that besides giving benefits to retirees, ZSSF has also been doing well in Corporate Social Responsibility (CSR), including supporting health, sports, education, construction of bus/commuters stop   and other services to benefit people.

ZSSF Managing Director explained that the goal of establishing the fund is to provide protection to its members by providing pensions and various benefits, insisting the social scheme has been recording achievements.

He said that so far the fund has implemented a number of development projects as directed in the Chama Cha Mapinduzi (CCM)’s 2020-2025 election manifesto, including carrying out other core responsibilities such as registering new members, investing in projects well as paying pensions.

The 25th anniversary of ZSSF is celebrated under the theme ‘Discipline, Responsibility, and use of ICT to achieve sustainable investment and better benefits for members’.

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