The member or claimant must apply for benefits/grants by submitting the corresponding applications. All the application forms are available online to download and it must be presented for processing at the branch offices.

The following benefits shall be payable under
this Act-
(a) retirement benefit;
(b) survivors benefit;
(c) invalidity benefit;
(d) maternity benefit;
(e) unemployment benefit;
(f) sickness benefit; and
(g) death gratuity

The main objective of the retirement Pension is to guarantee income security to the elderly members by providing periodic payments

Eligibility:

• • Contributed to the Fund for the period not less than 180 months and
  • Attained retirement age
  • Compulsory at the age of 60 years or
  • Voluntarily, any time upon attaining the age of 55

Benefit payable:

For the member who joined the former scheme before 1st July 2014 and at the date of 1st August 2018 has attained the voluntary retirement age shall be paid into two formulas as follows:-

• 1/580 X MOS X APE X 12.5/4 and monthly pension of 1/580 X MOS X APE x0.75 /12
• 1/580 X MOS X APE X 12.5/4 and monthly pension of 1/580 X MOS X APE x0.75 /12

Pension shall commence on the month following the month the member ceased to receive salary

Pensions shall be indexed after every 3 years according to inflation rate as follows:-

• 50% if inflation rate range from 1% to 10%
• 5% if inflation rate is above 10%
• No indexation if inflation rate is below 1%

For a member who opt for early retirement reduction factor of 0.3% shall be applied on a monthly pension

Minimum pension shall not be less than 40% sect oral minimum wage

Paid to dependents of a deceased member whose contribution credit is 180 or more. Calculated according to reg 8(1)(c) = (1/580xMOSXAPEX0.75)/12

Eligibility:

Survivor’s pension is payable to the dependants if, at the time of death, the Insured Person: –

• Widow or widower at a time of death is 45 years or above or below 45 but has dependents children under 15 years be paid for life
• For children under 21 attending school be paid 60% if no widow or widower 100%. 100% to parents if no dependent spouse or children

CESSATION OF PAYMENT OF PENSION:

If a member dies while receiving retirement or invalidity pensions his dependants shall be paid a lump sum equal to monthly pensions times 36

For this section dependents includes:-

• Spouse
• Child under 21 years receiving full time education
• Child under 18 years

Conditions for invalidity:

• • Terminated due to illness which is not work related sickness or accident
  • Permanent invalidity not resulted from employment, related illness or accident
  • Below voluntary retirement age
  • Has been in service not less than 36 months of which 12 months have been contributed in year preceding
  • The same formula of old benefit will be used to calculate invalidity pension
  • Monthly pension should not be less than 30% of APE/12;
  • Invalidity pension shall be indexed

Conditions for invalidity:

• • • • Terminated due to illness which is not work related sickness or accident
      • Permanent invalidity not resulted from employment, related illness or accident
      • Below voluntary retirement age
      • Has been in service not less than 36 months of which 12 months have been contributed in year preceding
      • The same formula of old benefit will be used to calculate invalidity pension
      • Monthly pension should not be less than 30% of APE/12
      • Invalidity pension shall be indexed

Sickness benefit is payable to a member who is suffering from sickness or accident not resulted from employment related injury for more than 3 months and due to that illness he is being paid half salary. The member must be under the age of voluntary retirement and has contributed to the Fund for at least 36 months. Qualifying member will be paid 40% of monthly salary earned prior to sickness for a maximum of three months.

Members may access home mortgages from banks using their benefit entitlements as collateral. For a member to qualify for the loan, he must be Tanzanian and has contributed the Fund for at least 10 years. Loan amount accessible shall not exceed 50% of special lump sum amount where the member has less than 180 months of contribution. If the member has contributed for 180 months or more loan amount shall be limited to 50% of commuted Pension Gratuity. Loan recovery shall be limited to members statutory retirement age.

If a member dies while in service; dependents shall be paid:-

• • • • Special lump sum or APE whichever is greater if and only if his credit is below 180
      • Commuted pensions and survival monthly pension if his credit is 180 or more(as per old age formulae 8 (1))

Entitlements:-:

• • • • Widow or widower =40% (for more than one widow divided equally)
      • Children= 60%
      • If no children 100% to widow or widower
      • If no widow or widower 100% to children
      • Child or children attending school death gratuity will be split into two halves
      • One half set aside to cover education benefit administered by the scheme
      • The other half distributed equally among the survival