The Zambian government has allocated K48 million to settle retirement benefits for former postal workers.
This funding aims to address long-standing obligations owed to retirees of the Zambia Postal Services Corporation (ZAMPOST). Postmaster General Lydia Simakando emphasized the importance of this disbursement in restoring dignity and hope to those who have awaited their benefits.
ZAMPOST Releases K48 Million for Retirees
The Zambia Postal Services Corporation has confirmed the release of K48 million by the government to pay terminal benefits owed to retirees. This significant milestone was welcomed by Postmaster General Lydia Simakando, who highlighted the government’s commitment to improving the welfare of Zambians.
Simakando noted that this payment aligns with President Hakainde Hichilema’s vision of strengthening governance and enhancing the livelihoods of citizens. The intervention is seen as a step towards addressing long-standing obligations affecting retired workers.
Zambia: Key figures on terminal benefits
- K48 million
Government’s Commitment to Retired Workers
<pSimakando expressed gratitude to various government officials for their roles in facilitating the payment process. She acknowledged the contributions of the former Minister of Finance and National Planning, Hon. Situmbeko Musokotwane, and the Ministry of Finance for prioritizing this disbursement.
The payment is part of the third phase of ZAMPOST’s efforts to settle outstanding retirement obligations. Disbursements will follow a first-retired, first-paid basis to ensure fairness and transparency.
Next Steps for ZAMPOST Retirees
- ZAMPOST will continue to provide updates on further payments.
- Payments will be made on a first-retired, first-paid basis.
This funding marks a crucial step in honoring the commitments to Zambia’s retired postal workers.
