Zimbabwe: Pensioners Get Bonus

17 December 2013

National Pension Scheme and Worker's Compensation Insurance Fund pensioners are receiving a bonus with their monthly pension this month. National Pension Scheme retirement pensioners will receive a US$50 bonus along with their monthly pension. Any other NPS pensioners receiving a pension that is above US$50 will also receive a US$50 bonus.

Those whose monthly NPS pension is below US$50 will receive a bonus equivalent to their monthly pension. Retirement pensions depend on contribution period and insurable income when they retire or reach the maximum retirement age for pensionable purposes, which is 65.

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