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News
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NAPSA TO INVEST IN MINERAL VALUE ADDITION TO BOOST NATIONAL DEVELOPMENT AND MEMBER BENEFITS
PRESS STATEMENT The NAPSA Director General, Mr. Muyangwa Muyangwa, has announced plans by the National Pension Scheme Authority to invest in mineral value addition as part of its strategy to support national development, enhance member benefits, and unlock greater value from Zambia’s mineral wealth. Speaking on the Authority’s strategic shift, Mr. Muyangwa said the time
May 15, 2025 -
FUNERAL GRANT- WHAT YOU NEED TO KNOW
Losing a loved one is hard, but NAPSA helps to ease the burden of loss with its Funeral Grant. This benefit is paid to the family of the deceased NAPSA member or pensioner. It gives families immediate financial relief following the death of the member. It’s a safety net every Zambian worker or income earner
May 13, 2025 -
GOVERNMENT EXTENDS PENALTY WAIVER PERIOD
The National Pension Scheme Authority (NAPSA) is pleased to announce the extension of the penalty waiver period from two (2) years to three (3) years, following the issuance of the National Pension Scheme (Penalty Waiver) (Amendment) Regulations No. 10 of 2025. These regulations, issued by the Hon. Brenda Mwika Tambatamba, Minister of Labour and
April 16, 2025 -
NAPSA PAYS OUT K10 BILLION IN PARTIAL WITHDRAWAL TO MEMBERS
The National Pension Scheme Authority (NAPSA) has disbursed a total of K10.1 billion in partial withdrawals to 487,389 eligible members out of the total membership of 1,119,412, since the implementation of the partial withdrawal benefit in April 2023. Of the total amount paid out, K6 billion represents members’ raw contributions, while K4.1 billion is attributed
April 9, 2025