The Social Security Regulatory Authority (SSRA) in Tanzania, was established under section 5 of the Social Security (Regulatory Authority) Act No.5 of 2008. Among other things, the Authority has powers to regulate and supervise the Tanzania Social Security Sector. The Authority regulates Five DB Schemes namely; NSSF, PSPF, LAPF, GEPF and PPF, it also regulate one Workers Compensation Fund (WCF) and one health Fund (NHIF). The Social Security Schemes have Regional and Zonal Offices across the Country. This make it very difficult for the Regulator with the Head Quarter based in Dar-es Salaam and one Zonal Office in Dodoma, to make compliance inspection in each office of the regulated entities.

The Authority therefore, has established a Risk Based Supervision Approach in order to have an efficient and effective supervision of the Social Security Schemes in Tanzania while utilizing its limited resources.