PSSSF Director of Finance, Beatrice Lupi said in Dar es Salaam on Friday after receiving the award that as a pension fund which keeps billions of shillings in members’ cash, there is need to maintain high professional standards keeping of financial records.
“This award also means that we at PSSSF prepare our account records using the latest international standards as defined by audit and accounting bodies including NBAA,” Lupi said while stressing that PSSSF will continue to exercise professionalism in the conduct of its duties to ensure that members contributions are safe.
She pointed out that as a public institution, PSSSF is duty bound to adhere to best professional practices by making sure that its books of accounts are in line with both NBAA guidelines but also civil service regulations.
“In addition, this award gives our members confidence that their savings are safe because the fund is adhering to best professional practices that conform to international accounting standards,” she added noting that the award will simply motivate the fund’s management and staff to work even better and harder.
“But more importantly, this award also assures our members of a better and predictable bright future because their savings are in safe hands,” Lupi noted.