HomeBusiness DigestNssa to phase out GM's post

Nssa to phase out GM’s post

Eric Chiriga

THE National Social Security Authority (Nssa), which had had an acting general manager for five years, now plans to phase out the post and appoint a chief executive officer, businessdigest has established.

Amod Takawira is currently the actin

g general manager.

“We are reverting to our old structure of 1994 and this will involve the extinguishing of the general manager (position),” said Nssa chairman Edwin Manikai.

He said the post of assistant general manager will also be removed and replaced by the one of director.

Manikai said the Nssa board had already made recommendations of the structure to the Ministry of Labour.

“The Minister of Labour has already approved the recommendations and sent them through to the Attorney General’s office,” said Manikai.

He said the newly-recommended structure could be the reason why the authorities had not appointed a substantive general manager.

“Although the board had recommended candidates, the issue remained unresolved,” he said.

He said they preferred to have a full-time general manager but it was up to the authorities who make the appointment.

However, Manikai maintained that the lack of a substantive general manager did not impact on Nssa’s operations.

“According to the 2005 actuarial report, Nssa is a well-managed fund, but it is up to you to decide whether it’s affecting the performance of the company (or not),” he said.

Manikai also announced the increase in monthly payouts for pensioners with effect from July this year.

Retirement pension package was increased from $252 000 to $5 million a month while invalidity pension was hiked to $2,2 million from $110 880. The survivors pension was increased from  $220 880 to $2,2 million.

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