How do PPF benefits align with ILO Minimum Benefits Standards?
ILO Convention No. 102 of 1952 which is yet to be ratified in Tanzania prescribes 9 benefits which are old age, sickness, disability (invalidity), survivors, maternity, employment injury, unemployment, health care and subsidies for families with children. Of these, the basic benefits are old age, disability (invalidity) and survivors. PPF provides all the three basic benefits. • Do PPF members get interest on their contributions? There is no interest under Traditional scheme which operates under defined benefits system. Interest is offered on Members Contributions under the Deposit Administration scheme which operates under a system known as Defined Contribution.
