Following a successful financial year in which they posted a double digit percentile increase in profit, National Social Security Authority has promised to hand out a bonus payment equivalent to a “13th Cheque” to all its pensioners together with their December 2017 payouts.
Addressing journalists during an end of year media cocktail in Harare last week Friday, NSSA General Manager and Chief Executive Officer, Elizabeth Chitiga said under the current board and management, NSSA had not lost a dollar through investments which has necessitated the payout of the bonus payment.
“This comes on the back of a good year for the authority which has seen good investment decisions which continued to improve with actual management accounts to 31 October 2017 showing, for the year end 31 December, a projected double digit percentile increase in profit and or surplus in excess of the $100 million achieved in the prior year,” said Chitiga.
The new board has seen a steady growth of the NSSA fund from $950 million turnover to $1.5 billion since it taking over.
Chitiga said they are positioning themselves as an investment partner of choice to local, regional and international investors
