Company Information

Get to know Public Service Social Security Fund (PSSSF)

The Public Service Social Security Fund (PSSSF) was established under the Public Service Social Security Fund Act No. 2 of 2018. It became operational on August 1, 2018, following the merger of four previous pension funds: the PPF Pension Fund, the Public Service Pension Fund (PSPF), the Local Authorities Pension Fund (LAPF), and the Government Employees Provident Fund (GEPF). PSSSF's primary mandate is to register members, collect contributions, prudently invest the collected funds, and pay out a range of social security benefits to public servants and their dependents. These benefits include retirement pensions, survivor's benefits, funeral grants, maternity benefits, and health insurance services.

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Financial Other Service

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Public Service Social Security Fund (PSSSF)

Tanzania

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.