Thu, 22 Feb 2018 07:28:06 +0000 –Halt remittance of pension contributions –allow for independent forensic audit By NATION REPORTER The Government should urgently step in and help pensioners recover billions of Kwacha syphoned out of the Saturnia pension fund through un-authorized payments disguised as investments and management fees. And a veteran human resources and pension administrator has called on the Trustees of the Fund to immediately suspend members’ remittances to the beleaguered multi-employer pension scheme until the lacunas surrounding its administration and management are sorted out. Former Member of Parliament for Lubansenshi Constituency Mr. Lazarus Chota who also once worked as assistant General Manager for Human resources at Zambia State Insurance Corporation advised that it does not make sense for the participating companies to continue risking the future benefits of members in the light of the revelations that have surfaced in the media. “There is a very strong case to argue in favour of […]
