Over 2000 Retirees Receive Full Benefits

Ruth Chayinda – TWO thousand 232 retirees have received their full benefits from the Public Service Pension Fund -PSPF- after government disbursed 2.6 billion Kwacha to the fund.

PSPF Director Finance PINDANI NYIRENDA says a small portion of the monies was also disbursed for monthly pension to more than 60 thousand retirees.

Mr. NYIRENDA, however, says the disbursement of monies for pensioners is an ongoing process as the fund continues to receive retirement files from various ministries.

He has also thanked Government for disbursing the funds saying it is unprecedented and noted that with such support, the retirees will continue to receive their monies in a short period.

Mr. NYIRENDA said this in an interview with ZNBC News in Lusaka today.

He said the waiting period for one to access their benefits has also reduced from three years to at least six months.

The post Over 2000 Retirees Receive Full Benefits appeared first on .