The Speaker of the Tanzanian Parliament, Dr. Tulia Ackson, has called for changes to the laws governing social security funds to protect beneficiaries who face delays in receiving their benefits. Dr. Tulia Ackson has stated that these beneficiaries should be paid interest, as required by law when employers delay remitting their contributions.
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These remarks were made during a question-and-answer session in the Dodoma Parliament. Dr. Tulia provided this general advice to the Deputy Minister of the Prime Minister’s Office, responsible for Employment, Youth, and Persons with Disabilities, Patrobas Katambi, emphasizing that such a step would enhance the efficiency of social security funds in disbursing benefits to retirees.
Highlighting the reasons for these proposed changes, Dr. Tulia stressed that delays in benefit payments significantly affect the well-being of retirees and other beneficiaries of social security funds. Recognizing the importance of these benefits to retirees’ livelihoods, it is crucial for the law to explicitly state that beneficiaries experiencing delays in payment should receive appropriate interest.
Social security funds in Tanzania have the responsibility of managing and providing various benefits to their members, including old-age pensions and retirement benefits. However, there have been complaints from benefit recipients who have faced delays in receiving their payments, adversely impacting their lives and overall welfare.
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Dr. Tulia’s recommendations, legislative changes have the potential to significantly improve the performance of social security funds and ensure prompt payment of benefits to beneficiaries. These proposed changes offer hope to retirees and other beneficiaries, as they would be entitled to receive the appropriate interest in case of payment delays.
Stakeholders in social security and members of parliament are urged to support these recommendations put forth by Dr. Tulia to facilitate the process of legal amendments to social security fund laws and strengthen the benefit payment system. This step will contribute to the well-being of society and instill confidence in retirees and other members of these funds for the future.
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