Social_service
Status:
implementedimplemented icon

Promise

Introduce partial withdrawal of pension contributions for specific purposes

Promise History

Partial Withdraw of the National Pensions Scheme Authority Contributions Approved

On April 17, 2023, Zambian President Hakainde Hichilema announced the National Pension Scheme Amendment Bill 2023, permitting citizens to make a one-time partial withdrawal of their pension funds, which can be reinvested to create jobs and support economic development.

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