Ppf Pensions Fund

What Ppf Pensions Fund does

PPF Pensions Fund is a statutory social security pension scheme established in July 1978 under the PPF Pensions Fund Act (Cap 372 R.E. 2002) and headquartered in Dar es Salaam, Tanzania. It provides pensions and terminal benefits to employees across both formal and informal sectors — including government employees, parastatal organisations, private companies, small businesses, entrepreneurs, farmers, and self-employed personnel. The fund operates two core schemes: the Traditional Pension Scheme, which delivers nine benefit types (old age, death, survivor, education, gratuity, withdrawal, sickness/disability, maternity, and back support), and the Deposit Administration Scheme, a supplementary offering with flexible contribution rates. Membership is mandatory for eligible employers and employees under Tanzanian law, with contribution rates set at either 10% employee + 10% employer or 5% employee + 15% employer.

The fund's technology stack centers on a Member Self-Help Portal accessible via website and mobile phone, supplemented by an online Benefits Calculator that uses the formulas APE (average of highest three years' salary), PS (contributory period in months), and PF (pension factor of 1/580), and the Wote Scheme mobile self-service platform launched in August 2015. Technology leadership sits under a dedicated Director of Information Systems. PPF holds ISO 9001:2008 quality management certification and aligns its benefits with ILO Convention No. 102 minimum benefits standards.

PPF's revenue model is dominated by recurring monthly member contributions collected via employer remittance, supplemented by late-remittance penalties under Section 9(1) of the Act and investment income from a diversified portfolio of government debt (TSh 743.5 billion, 33.30% of assets), equities (TSh 438.6 billion, 19.64%), bank deposits (TSh 293.9 billion, 13.16%), real estate (TSh 190.8 billion, 8.55%), and licensed collective investment schemes (TSh 114.3 billion, 5.12%), totaling approximately TSh 1.78 trillion as of December 2015. Distribution relies on direct employer enrollment and a nine-zone office network across Tanzania, with a Board of Trustees providing strategic oversight and a Director General leading day-to-day operations under regulatory supervision from the Social Security Regulatory Authority (SSRA) and Bank of Tanzania.

Name

Ppf Pensions Fund

Legal name

PPF Pensions Fund

Website

https://ppftz.org

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

1–10 employees

Short description

PPF Pensions Fund is a Tanzanian statutory pension fund, established 1978, providing mandatory old age, death, survivor, disability, education, and maternity benefits to formal and informal sector employees across Tanzania via employer remittance and a diversified investment portfolio.

Ownership category

akta.pro rank

Product category

Pension and Social Security Fund Services

NAICS

Pension Funds (525110), Pension Funds (52511), Insurance and Employee Benefit Funds (5251)

SIC

Finance Services (6199), Life Insurance (6311)

akta.pro primary industry

Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)

akta.pro secondary industries

Corporate & Public Pension Funds (DB/DC Sponsors) (FSAAAGAA), Pensions & Retirement Benefits Administration (BPAIAKAA)

Keywords

• Pension fund management
• Social security services
• Retirement benefit schemes
• Employee pension coverage
• Pension contribution administration

Headquarters

HQ city

Dar es Salaam

HQ country

Tanzania

HQ region

Africa

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Member Contributions: PPF collects contributions from employers and employees. Two contribution categories: 10% employee + 10% employer, or 5% employee + 15% employer for traditional pension scheme. Deposit Administration scheme has flexible contribution rates.
2. Late Remittance Penalties: Employers who fail to remit contributions on time are penalised according to Section 9(1) of the PPF Pensions Fund Act.
3. Investment Income: The fund invests member contributions across government debt, equities, real estate, deposits, and corporate loans to generate returns.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

PPF Pensions Fund is a Tanzanian statutory social security scheme that provides pensions and other terminal benefits to employees in both formal and informal sectors. It operates two core schemes — the Traditional Pension Scheme and the Deposit Administration Scheme — covering benefits such as old age, death, survivor, education, gratuity, withdrawal, sickness/disability, and maternity benefits. Contributions are collected monthly from employers and employees and invested across government debt, equities, real estate, deposits, and corporate loans.

Product overview

PPF Pensions Fund is a Tanzanian pension fund offering two main schemes: the Traditional Pension Scheme (providing old age, death, survivor, education, sickness/disability, gratuity, and withdrawal benefits) and the Deposit Administration Scheme (a supplementary scheme with flexible contributions). The fund operates the Wote Scheme mobile-based self-service system, an online Benefit Calculator, Member's Self-Help Portal for contribution tracking, and a Recruitment Portal. Members can access services through multiple zones across Tanzania including Dar es Salaam, Arusha, Mbeya, Mwanza, and Mtwara.

Differentiator

Problem solved

Functional benefit

Products and services

• Traditional Pension Scheme Core pension scheme providing old age, death, survivor, education, sickness/disability, gratuity, and withdrawal benefits to members in the formal and informal sectors. Members contribute either 10% employee + 10% employer or 5% employee + 15% employer monthly.
• Deposit Administration Scheme

Quantifiable outcome

• Maternity benefit of TSh 1,000,000 paid after safe delivery, up to 4 times every 3 years
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Tanzania Postal BankminorStrategic or Co-development Partner · 1 September 2014Tanzania Postal Bank participated in the 24th PPF Members Conference, presenting on postal banking services relevant to social security and pension distribution.
• Social Security Regulatory Authority (SSRA)coreOthersSSRA is the regulatory authority that issued the Social Security Schemes (Investment Guidelines) 2015 governing PPF's investment activities, and the Social Security Schemes (Pension Benefit Harmonization) rules 2014.
• Bank of TanzaniacoreOthersBank of Tanzania collaborated with SSRA to issue investment guidelines governing PPF's investment activities.
• SACCOS (Savings and Credit Cooperative Societies)minorStrategic or Co-development PartnerPPF provides loans to SACCOS as an investment strategy, and members can borrow from these SACCOS for development projects since direct borrowing from contributions is not permitted.
• Licensed Banks and Financial InstitutionscoreTechnology or IntegrationPPF holds deposits with licensed banks and financial institutions as part of its investment portfolio (TSh 293.9 billion as at Dec 2015), representing 13.16% of total assets.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Old Mutual Africa (Old Mutual Emerging Markets): Pan-African financial services group offering retirement and investment products. Comparable in providing pension and retirement savings solutions across multiple African markets, but as part of a much broader insurance and asset-management portfolio.
• Alexander Forbes Africa: Pan-African investment and retirement-solutions provider. Comparable as a competitor for institutional pension-fund assets and retirement-product design, but operates as a private-sector consultant/manager rather than a statutory fund.

Direct peers

• PSPF Tanzania (Public Service Pension Fund): Statutory pension fund for Tanzania's public servants. Comparable in regulatory structure (established by Act of Parliament, overseen by SSRA) and benefit design, but serves the government-employee segment specifically.
• LAPF Tanzania (Local Authorities Provident Fund): Statutory pension fund for local-government employees in Tanzania. Comparable in mandate, statutory funding basis and SSRA oversight; complements PPF as part of the same national pension architecture.
• NSSF Tanzania (National Social Security Fund): Tanzania's other statutory social security fund covering private-sector workers. Most directly comparable peer because it competes for the same mandatory-contribution pool under the same SSRA regulatory umbrella.

Regional players

• GEPF South Africa (Government Employees Pension Fund): Africa's largest public-sector pension fund. Comparable in operating model (statutory, defined-benefit, large AUM across diversified asset classes) but operates in South Africa's more developed capital markets.
• RSSB Rwanda (Rwanda Social Security Board): Rwanda's integrated social security administrator managing pension contributions alongside other benefits. Comparable in pooling-employer contributions and paying retirement benefits, but serves a broader social-security mandate.
• NSSF Uganda: Uganda's national social security fund with mandatory employer contributions and retirement/survivor benefits. Closely comparable product offering and statutory structure, but operating within Uganda's separate regulatory framework.
• NSSF Kenya (National Social Security Fund): Kenya's statutory social security provider offering retirement and other survivor benefits. Comparable in mandate and contribution-based revenue model, though it operates in a more developed Kenyan financial market.
• NAPSA Zambia (National Pension Scheme Authority): Zambia's statutory pension administrator. Comparable statutory mandate, mandatory employer contributions, and defined-benefit pension framework for private-sector employees across the region.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/PPFPensionsFund
• LinkedInlinkedin.com/company/ppf-pensions-fund

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ppf Pensions Fund