- January 7, 2025
- Posted by: Choolwe Nakalonga
- Categories: News, Public Notices
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 determined by the Zambia Statistics Agency. The NAE figure for 2025 has increased to ZMW8,541.00 from ZMW7,454.00 in 2024.
The contribution rate, however, remains unchanged at 10 percent of an employee’s monthly gross earnings. For NAPSA purposes, earnings refer to any benefit given by an employer in exchange for the employee’s service. Earnings, therefore, include basic salary, bonuses, commission, severance pay, overtime allowance, leave allowance, acting allowance, commuted leave days etc.
Employers are accordingly advised to update their payroll systems with the 2025 contribution ceiling parameter as communicated herein.
For further information or clarification, please contact us on Telephone: +260 211 395 677, toll free line: 677, WhatsApp: +260 973 000 677, email: info@napsa.co.zm.