The National Social Security Authority (NSSA) will award pensioners a $10 000 grocery stipend and cushioning allowances this month.
In a statement on Friday, NSSA general manager Arthur Manase said the once-off payment will be staggered within the month and is in response to the rising cost of living. Manase said:
Although we run a social security scheme, which is meant to complement pensioners’ receipts from occupational pension funds, the reality on the ground is that NSSA is now the primary, if not the only, source for pension for most retirees.
As a result, a lot of pressure is placed on NSSA to assist its pensioners and beneficiaries, particularly during this exceedingly difficult phase we are going through.
All NSSA beneficiaries can look forward to a once-off grocery allowance of $10 000 this month.
In addition, we will be awarding them a cushioning allowance equivalent to one month’s pension while we are going through the approval process to adjust pension levels accordingly.
NSSA’s minimum monthly retirement pension pay-out is pegged at US$70 payable in Zimbabwe dollars at the official exchange rate.
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What about those people, the beneficiaries of the late members being paid through POSB about 2000 dollars , at times 3000 or lesser per month . Is it sufficient enough for them especially with the high costs of living .it Can only buy a 2 litres of oil and that’s it .
Some of us were getting marooned usd 200 but now getting the same with everyone
We were paying more in terms of contributions and expected to be paid more. But it’s not the issue no now. Can you explain the rationale of making everyone earn the same when we contributed different anonts during our working days.
How does a minimum of US$70 translate to just ZWL9000, at what official rate? This is all lies. We were the highest contributors to NSSA right from its inception but still get a pittance equivalent to less than US30 at today’s rate..
What is your official rate because the numbers are not adding up.
Before 2019 used t get 200usd pe month now l am getting 9000rtgs please can u explain lent understand