Actuarial consultancy and training in Tanzania

The objective of the project is to assess the long-term viability and financial sustainability of the NSSF. The project will also focus on the strengthening of internal actuarial capacities of the NSSF for a more important implication of its personnel in the production of future actuarial valuations of the scheme. The Immediate objectives are: – to deliver two actuarial valuations of the schemes administered by the NSSF, as of 30 June 2013 and as of 30 June 2016, and – to build up national capacities in the field of social security financial, actuarial and statistical studies. The following outputs are proposed: 1. An ILO technical report on the actuarial valuation of the NSSF as of 30 June 2013. 2. A tailor-made training programme in social security statistics and actuarial analysis for the staff of the NSSF on the basis of the ILO actuarial model developed specifically for the NSSF. This output will include the delivery of a technical report on the review of the Actuarial Department in the NSSF, including an action plan and guidance for strengthening the education and formation of its actuarial staff. 3. An ILO technical report on the actuarial valuation of the NSSF as of 30 June 2016.

Project symbol

URT/12/01/URT

Admin unit

SOCPRO

Start date

27/05/2014

End date

30/12/2018

Total allocation

220033

Total expenditure

Status

Closed

220033

Development Partners

Tanzania, National Social Security Fund

Country/Countries

United Republic of Tanzania

Outcomes

Creating and extending social protection floors