PPF Pensions Fund registers members from both formal and informal sectors. PPF membership covers Government employees, Parastatal Organisations, Private Companies, Small businesses and Entrepreneurs, Farmers and Self-Employed personnel.
ELIGIBLE EMPLOYERS
Sections 2(1) and 5 of the Fund’s Act provide categories of employers who are eligible for registration with PPF:
a) Any body corporate established by or under written law including
- The East African Community;
- Any corporation within the East African Community;
- Any company registered under the Companies Ordinance upon registration and becoming a member.
b) Any company registered under the Companies Ordinance of which the Government or parastatal organization has shares;
c) Any body of persons, whether corporate or incorporate, upon becoming a member; and
d) Any parastatal organization upon privatization, lease, sale or liquidation.
ELIGIBLE EMPLOYEES
Employee means any person employed by an employer as mentioned under item 1.2.1 above or any self-employed person in formal or informal sector. The eligible employees may be employed in contract for specified period, unspecified period or specified task.