Gvnt To Review Pensions
30 May 2019
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By Own Correspondent= Labour minister Sekai Nzenza has revealed that government would soon review pensioners’ allowances which had been eroded by inflation.

Responding to a question from MDC legislator for Mkoba Amos Chibaya who queried government policy regarding the welfare of pensioners whose monthly allowance was no longer sustainable due to the ever increasing prices of basic goods and services, Nzenza said:

“I understand that question and I promised that there was going to be a review of pensions and I will so discuss with my colleague the Minister of Finance looking at ways of increasing the pensions for the pensioners.  At the moment, I do agree that prices are on the increase and I know it is tough for the pensioners.  What I can inform you is that we are still reviewing and we are holding talks with the Minister of Finance on the issue of pensioners.

I am not in a position to give a particular date when the increases for the pensioners can be implemented.  I cannot state the date because I am not the custodian of the national fiscus but I hold meetings with my colleagues.  When we have consulted with the relevant Ministers.”

Pensioners are getting a paltry $80 monthly. However, most banks are failing to avail the money setting limits for them where they get between $20 to $50 a day.