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Govt Considers Increasing Payouts For Pensioners

5 years agoFri, 22 Mar 2019 03:12:58 GMT
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Govt Considers Increasing Payouts For Pensioners

Public Service, Labour and Social Welfare Deputy Minister Lovemore Matuke has said Government is considering raising payouts for pensioners.

Principal beneficiaries are receiving minimum payouts of $80 per month, while the surviving beneficiaries are receiving a minimum of $32. The last increase was in October 2017. In an interview with The Herald yesterday, Deputy Minister Matuke said they have approached NSSA to conduct an evaluation on whether they can increase monthly pension payouts. Said Matuke:

As Government, we tasked the National Social Security Authority (NSSA) to seriously consider increasing monthly pension payouts. NSSA is, therefore, in the process of conducting an evaluation to see what we can afford. Once the survey is complete, we’ll be able to tell how much NSSA can pay pensioners monthly and when an increment can be effected.

More: Herald

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