Wed. Nov 30th, 2022

Movement for Democratic Change-MDC, has proposed that the recently recruited total of 41,772 teachers and health workers should make their contributions to the Public Service Pension Fund PSPF instead of NAPSA.

Speaking at a press briefing in Lusaka, Thursday, MDC Vice President–Political, Leonard Hikaumba noted that PSPF has been depleted of new capital injection as most civil servants are making their pension contributions to NAPSA.

Hikaumba stated that there is need to give NAPSA a competitor in pension administration, saying they are failing to cope with the large numbers they have.

He explained that having more civil servants make contributions to PSPF will give the institution more life and also reduce on complexity of making adjustments to NAPSA due to the large database of beneficiaries.

Hikaumba added that NAPSA has increasingly been seen to have challenges in copying with the large number of beneficiaries, as such, taking the newly recruited teachers and health workers to PSPF will ease this burden.

By editor

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