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Govt gives nod to Nssa funeral cover

BY Farayi Machamire HARARE ­ Government has moved to gazette the National Social Security Authority (Nssa)’s new and upgraded funeral cover for pensioners. Labour minister Prisca Mupfumira made the notice in a government gazette published on Friday under...

CBZ Holdings to launch SMEs pension fund

Zimbabwe Stock Exchange ­listed CBZ Holdings is set to establish a pension fund for small to mediumenterprises to be underwritten by its Life business. CBZ Holdings chief executive Never Nyemudzo told media at the SME’s...

Civil service pensioners’ earnings set to increase

ZIMBABWE’S state run pension fund says government has paid up its contribution arrears by issuing US$180,9 million worth of Treasury Bills. The National Social Security Authority (NSSA) said government had been lagging behind in adjusting...

Tale of an aggrieved pensioner

THE story of Mr Jacob Gondo (name changed to protect identity), who worked as a sales representative of Claybank Private Hospital, a unit of Premier Service Medical Investments, is shared by many pensioners who...

Pension funds defy Govt order

Martin Kadzere Senior Business Reporter SOME pension funds have defied a Government order to exempt people retrenched before attaining the age of 55 from paying tax, the Insurance and Pension Commission said. Finance and Economic Development Minister...

Pensioners suffer massive prejudice

Darlington Musarurwa and Livingstone Marufu — THE Government-appointed Commission of Inquiry probing the conversion process of pension and insurance benefits after dollarisation in 2009 has wound up its work and will have a comprehensive report...

NSSA increases Monthly pension payouts

By Tinashe Makichi  Government has directed the National Social Security Authority (NSSA) to increase monthly pension payouts to $100 in the first quarter of this year and gradually raise the figure to $150 by the end...

NSSA to provide a safety net for pensioners

THE National Social Security Authority (NSSA) is currently trying to persuade mobile phone companies to slash tariffs for their mobile money services in order to make them a convenient payment alternative for pensioners who...

Ex NSSA bosses on the run

By Kuda Bwititi Former National Social Security Authority (NSSA) executives Shadreck Vera and Samuel Chiduza are on the run as investigations into the alleged siphoning of millions of US dollars from the institution continue.Police last...

Harare City embarks on retirement plan

By Innocent Ruwende  Harare City Council is carrying out a pre­retirement preparedness plan for its 902 employees who are aged between 55 and 59 years after noticing that some of its retirees were falling on hard...
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