Categories: Stories

Zimbabwe MP says reduce pensionable age to 35

A Zimbabwean legislator Leonard Chikomba has asked the government to reduce the pensionable age from 65 to 35 because the lifespan of Zimbabweans has been reduced to 35.

Chikomba, who is the Zimbabwe African National Union-Patriotic Front legislator for Gokwe-Kabuyuni, posed the questions to Public Service and Labour Minister Sekai Nzenza who said the pensionable age of 65 was a policy and her ministry will look into that when the time is right.

Chikomba asked the minister to give a time frame as her response was vague but Nzenza said she was not able to give a time frame.

According to the latest World Health Organisations figures, Zimbabwe has a life expectancy of 61.4 years with men having 59.6 years and women 63.1 years.

Hong Kong currently has the highest life expectancy in the world at 84.3 years.

Q &A

*HON. CHIKOMBA: The health condition of the people in this country means that the people of Zimbabwe have had their life span reduced to 35 years before they can reach the retirement age of 65 years.  We are requesting the Government to reduce the pensionable age from 65 to 35 years because people have to benefit from their pensions.

If the worker or the spouse dies before their retirement age, what happens to their funds accruing?

THE MINISTER OF PUBLIC SERVICE, LABOUR AND SOCIAL WELFARE (HON. DR. NZENZA): The retirement age of 65 years is policy; however it can be subject to review.  So, when the time is right and we have gathered enough information, we will certainly take that on board.

*HON. CHIKOMBA: The Minister has just responded saying when the time is ripe there is going to be a change.  However, we need to have a time frame to when the action is going to be implemented on the reduction of the pensionable age from 65 years.

HON. DR. NZENZA: I am not able to give time limit at the moment.  Thank you.

(679 VIEWS)

This post was last modified on November 2, 2018 6:55 am

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

Reserve Bank of Zimbabwe expects more foreign currency sellers to join the interbank market

The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…

December 4, 2024

Zimbabwe 2025 citizens’ budget

Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…

November 28, 2024

To go or not to go- Mnangagwa in a quandary

Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…

November 25, 2024

ZiG loses steam, falls against US dollar for five consecutive days

The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…

November 22, 2024

Indian think tank says Starlink is a wolf in sheep’s clothing

An Indian think tank has described Starlink, a satellite internet service provider which recently entered…

November 18, 2024

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024