Benefits

NAPSA pays out three principal benefits – retirement, invalidity and survivor’s. In addition to these, NAPSA provides a funeral grant to survivors of the deceased member.

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Investments

We invest your money, grow the fund and thus ensure that your pension is guaranteed.

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Contributions

The National Pension Scheme is Contributory, meaning that workers covered by the scheme are supposed to make monthly contributions through their employers and self service in order to garner rights that entitle them to benefits provided.

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News

  • NAPSA HAS BECOME A FORCE TO RECKON WITH – TAMBATAMBA

    The Minister of Labour and Social Security, Honourable Brenda Mwika Tambatamba has commended the National Pension Scheme Authority Board of Trustees for sustaining the growth of the pension scheme and storing it towards its mandate of contributing to economic growth and taking care of employees post retirement. The Minister said the Republican President and the

    January 17, 2025
  • Revision in Contribution Ceiling for the Year 2025

    The National Pension Scheme Authority (NAPSA) wishes to advise that the maximum monthly deductible employee’s contribution amount for the year 2025 has been revised to ZMW1,708.20 and correspondingly, the maximum monthly payable employee and employer statutory contribution amount has moved to ZMW3,416.40. The above adjustment follows changes in the National Average Earnings (NAE) figure as

    January 7, 2025
  • Government keen on undertaking pension reforms to improve member benefits and operational efficiency – Tambatamba

    Minister of Labour and Social Security, Honourable Brenda Mwika Tambatamba, has urged stakeholders in the pension industry to heed President Hakainde Hichilema’s call for dialogue in finding solutions that will help the country to come up with a sustainable and responsive social security system that secures the social and economic wellbeing of the workers. The

    December 21, 2024
  • NAPSA PAYS FORMER SOCIETY BUSINESS PARK TENANTS

    (6 December 2024 – Lusaka) The National Pension Scheme Authority (NAPSA) has processed payments amounting to K3.7 million to former tenants of Society Business Park following the closure of the business park and the resulting need for tenants to vacate the premises.During a press briefing in July 2024, Mr. Shipango Muteto, Chairperson of the NAPSA

    December 10, 2024