loader
Dstv Dailynews  Mobile
WCF moves to equalize private, public sector employers’ contribution rates

WCF moves to equalize private, public sector employers’ contribution rates

THE Workers Compensation Fund (WCF) announced on Monday it has reduced contributions of private-sector employers from one percent of each employee’s monthly income to 0.6 percent. The new rates are effective this month.

WCF’s Director-General, John Mduma told reporters in Dar es Salaam that the rates are subject to recently amendments of the governing legislation and the subsequent Government notes published by the Minister of State, P Minister's Office (Policy, Parliamentary Affairs, Labour, Youth, Employment and Persons with Disability) Jenista Mhagama.

“Public Sector contribution will remain at 0.5 percent as per the Workers Compensation Act,” he said.

Since July 2015, all Tanzanian employers were required to submit a percentage of employee wages to the WCF. But, stakeholders opposed the arrangement saying the rates were a huge burden, especially to emerging bosses.

WCF assured the beneficiaries that the new changes will not affect the schemes in providing service to the affected employees.

 

 

Private sector agrees on  cushioning Covid-19 effects

The curtain on the workshop ...

foto
Author: DAILYNEWS Reporter

Post your comments

Advertisement

CRDB

Recent Posts

Categories

more headlines in our related posts

latest # news

Private sector agrees on cushioning Covid-19 effects

less than a minute ago ABDINEGO MARTIN in Arusha

Sexual violence remains serious problem in Z’bar

less than a minute ago MASATO MASATO in Zanzibar

TIC records 235 new projects in 2021

less than a minute ago DAILY NEWS Reporter