Zimbabwe: Retirees Get U.S.$40

28 November 2012

GLENDALE Spinners retirees are getting retirement packages of US$40 each after the company wound down its pension scheme following the adoption of the multiple-currency system in 2009.

The Herald recently caught up with some of the retirees, Mr Alfred Chiwandiro, Mr Alpha Sabawu, Mr Pointer Muwongerwa and Mr Windroz Jimu who had served the company since 1988. They had only been given a week's wages of US$40 on retirement at the age of 65.

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