SECRETARY TO THE CABINET LAUNCHES 2025 AFRICA PUBLIC SERVICE DAY COMMEMORATIONS
The
Pensions and Insurance Authority (PIA), in collaboration with the Zambia
Association of Pension Funds (ZAPF) has officially launched the 2025 Pensions
Awareness Week to be held from 14th to 19th July, 2025 under
the theme “My Pension, My Safety Net in Retirement.”
The
launch event held at Pamodzi Hotel in Lusaka, drew participation from key
stakeholders across the pensions and social security sector including
government representatives, pension fund administrators, financial sector
regulators, informal sector leaders, and members of the general public.
Gracing
the Launch was the Honourable Minister of Labour and Social Security, Ms. Brenda
Tambatamba, MP, represented by Labour Commissioner Mr. Givens Muntengwa who
reaffirmed the Government’s commitment to ongoing pension reforms and extending
social security coverage to Zambia’s largely informal workforce.
In
her speech, the Minister highlighted the Cabinet’s approval of a comprehensive
review of Zambia’s pension system in January 2025 and the development of a National
Strategy on the Extension of Social Security to the Informal Economy, as
part of broader efforts to enhance financial security in retirement.
Delivering
the keynote address, Mr. Peter H. Banda, Board Chairperson of the Pensions and
Insurance Authority, emphasized the regulator’s focus on five strategic
pillars: strengthening the pensions industry, broadening coverage, fostering
innovation, driving pension reforms, and leveraging pensions as engines of
economic development.
In
her opening remarks, Mrs. Namakau Mundia Ntini, Registrar and Chief Executive
Officer of the PIA, reiterated the importance of pensions literacy in achieving
financial empowerment.
The
Public Service Pensions Fund (PSPF) participated in the launch by setting up an
exhibition stand that provided onsite services to members of the public. PSPF
showcased its pension services and highlighted a range of digital platforms
that have significantly improved service delivery for members and pensioners.
These platforms include the e-PSPF portal, the Mobile App, USSD code, WhatsApp
self-service line, and the Contact Centre line.