NSSF pension calculator Tanzania
Enter your annual pensionable emoluments and the number of monthly contributions to see your pension.
The formula is the one NSSF uses for members who retire from 1 July 2022.
How it's calculated
- Annual pension = number of contributions × annual pensionable emoluments / 580, up to 72.5% of your emoluments.
- 33% is paid at once as a lump sum, worked out over 12.5 years.
- The rest is paid as a monthly pension. You need at least 180 monthly contributions.
An example
With 300 contributions and TSh 18 million of annual pensionable emoluments, the monthly pension is TSh 519,827.59 and the lump sum TSh 38,405,172.41.
Frequently asked questions
What are annual pensionable emoluments?
The average of your three highest years of earnings in the ten years before you retire.
What if I have fewer than 180 contributions?
You receive an old age special lump sum: your contributions plus interest.
Is there a minimum pension?
Yes. NSSF sets the minimum at 40% of the lowest statutory minimum wage.
Key terms
- Commuted pension
- The part of the pension paid at once when you retire.
The same calculation in other countries
United States (English)
United Kingdom
New Zealand
India
Nigeria
Ghana
Mauritius
Malta
Qatar (English)
Oman (English)
Ethiopia
Liberia
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