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Discontent Over "Meagre" Govt Pension Payouts

Discontent Over

Workersโ€™ representatives have raised concern over the low pension pay-outs by the Government, with some retirees getting just ZWL$14 000 after decades of service.

In a letter that has been circulating on social media platforms, a pensioner who had worked for 21 years was set to receive $14 025 after years of service.

This translates to just US$48 using the official exchange rate.

Progressive Teachers Union of Zimbabwe (PTUZ) secretary-general Raymond Majongwe said the pension payout is shameful.

Former Zimbabwe Congress of Trade Unions (ZCTU) president Peter Mutasa called for the dollarisation of the economy to preserve peopleโ€™s pensions. He said:

Zimbabwe is a failed state; people should understand it from this perspective. It is a state that is failing on all levels.

It is failing to manage the economy and the country has been struggling with high inflation.

The local currency has lost value. The government is even failing to provide public service, so when you are under a failed state; there is nothing that you can do to address one factor because pensions are a fraction of the salary contributions that one has made over a number of years.

Government is not accepting reality on the ground that they have failed. They should just dollarise and make sure that everyone gets paid in a currency that is meaningful, which is the US dollar to preserve peopleโ€™s pensions.

More: NewsDay


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๐Ÿšฉ 1ย month ago

๐—ข๐—ป๐—น๐˜† ๐˜๐—ต๐—ฒ ๐—ด๐˜ƒ๐˜'๐˜€ ๐—ฏ๐—น๐˜‚๐—ฒ ๐—ฒ๐˜†๐—ฒ๐—ฑ ๐—ฏ๐—ผ๐˜†๐˜€ ๐—ด๐—ฒ๐˜ ๐˜๐—ต๐—ฒ ๐—ฏ๐—ฒ๐˜€๐˜ ๐—ฟ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„๐—ฒ๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐˜€๐—ฎ๐˜๐—ถ๐˜€๐—ณ๐˜†๐—ถ๐—ป๐—ด ๐—ฝ๐—ฒ๐—ป๐˜€๐—ถ๐—ผ๐—ป ๐—ฏ๐—ฒ๐—ป๐—ฒ๐—ณ๐—ถ๐˜๐˜€, ๐˜๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—ช๐—”๐—ฅ ๐—ฉ๐—˜๐—ง๐—˜๐—ฅ๐—”๐—ก๐—ฆ. ๐—•๐˜‚๐˜ ๐—ถ๐˜๐˜€ ๐—ป๐—ผ๐˜ ๐—ณ๐—ฎ๐—ถ๐—ฟ, ๐—ด๐˜ƒ๐˜ ๐—บ๐˜‚๐˜€๐˜ ๐˜๐—ฟ๐—ฒ๐—ฎ๐˜ ๐—ฎ๐—น๐—น ๐—ต๐—ฒ๐—ฟ ๐—ฝ๐—ฒ๐—ป๐˜€๐—ถ๐—ผ๐—ป๐—ฒ๐—ฟ๐˜€ ๐—ณ๐—ฎ๐—ถ๐—ฟ๐—น๐˜† ๐˜„๐—ฒ๐—น๐—น, ๐—ฟ๐—ถ๐—ด๐—ต๐˜ ๐—ป๐—ผ๐˜„ ๐˜„๐—ฎ๐—ฟ ๐˜ƒ๐—ฒ๐˜๐˜€ ๐˜„๐—ฒ๐—ฟ๐—ฒ ๐˜€๐—ฒ๐—ฐ๐—ฟ๐—ฒ๐˜๐—น๐˜† ๐—ฎ๐˜„๐—ฎ๐—ฟ๐—ฑ๐—ฒ๐—ฑ ๐—ฎ๐—ป ๐—ถ๐—ป๐—ฐ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ฏ๐˜‚๐˜ ๐˜„๐—ต๐—ฎ๐˜ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ ๐—ด๐˜ƒ๐˜ ๐—ฝ๐—ฒ๐—ป๐˜€๐—ถ๐—ผ๐—ป๐—ฒ๐—ฟ๐˜€? . ๐—ฏ๐—ฒ๐—ฐ๐—ฎ๐˜‚๐˜€๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ฎ๐—ฟ๐—ฒ ๐˜‚๐˜€๐—ถ๐—ป๐—ด ๐˜„๐—ฎ๐—ฟ ๐˜ƒ๐—ฒ๐˜๐˜€ ๐—ฎ๐˜€ ๐—ฐ๐—ฎ๐—บ๐—ฝ๐—ฎ๐—ถ๐—ด๐—ป ๐—ฎ๐—ถ๐—ฑ๐˜€. ๐—ช๐—ต๐—ฎ๐˜ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ๐˜€๐—ฒ ๐—ด๐—ต๐—ผ๐˜€๐˜ ๐—ฝ๐—ฒ๐—ป๐˜€๐—ถ๐—ผ๐—ป๐—ฒ๐—ฟ๐˜€ ๐˜†๐—ผ๐˜‚ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜๐—น๐˜† ๐˜ƒ๐—ฒ๐˜๐˜๐—ฒ๐—ฑ ๐—ฎ๐˜€ ๐˜„๐—ฎ๐—ฟ ๐˜ƒ๐—ฒ๐˜๐˜€...๐˜๐—ต๐—ฒ๐˜† ๐—ฎ๐—ฟ๐—ฒ ๐—น๐—ผ๐—ผ๐˜๐—ถ๐—ป๐—ด ๐—ฝ๐—ฒ๐—ป๐˜€๐—ถ๐—ผ๐—ป ๐—ฟ๐—ฒ๐˜€๐—ผ๐˜‚๐—ฟ๐—ฐ๐—ฒ๐˜€ ๐˜๐—ฎ๐—ธ๐—ฎ๐˜๐—ฎ๐—ฟ๐—ถ๐˜€๐—ฎ. ๐—ง๐—ต๐—ฒ ๐˜„๐—ฎ๐—ฟ ๐˜ƒ๐—ฒ๐˜๐˜€ ๐—ป๐˜‚๐—บ๐—ฏ๐—ฒ๐—ฟ๐˜€ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜๐—ฟ๐—ฒ๐—ฏ๐—ฏ๐—น๐—ฒ๐—ฑ ๐—ผ๐—ป ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜ ๐˜ƒ๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ฒ๐˜…๐—ฒ๐—ฟ๐—ฐ๐—ถ๐˜€๐—ฒ...๐—ต๐—ผ๐˜„?


mina 1ย month ago

hanzi 14 000 rtgs retirement package hazvina kunzi monthly


Chawabvunza 1ย month ago

It is true that Pensioners are wallowing in abject poverty. Most get less than rtgs 14000 per month. With this amount they can buy only 2 Litres cooking oil, 2 kg sugar, 2 kg surf and 10 kg mealie meal and it is finished. I feel very sorry for these guys.

ASI MBAVHA DZE OLD PEOPLE'S HOME DZIRI KUGUTA.

NGAAPINDE HAKE CHAMISA.

[ VOTE CCC FOR REAL CHANGE ].


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Maparamuro 1ย month ago

Gvt has failed but the solution is not dollarisation. Wake up. The US$ is earned through exports. Dollarising with inadequate exports will not change the situation. Wake up


Machiavelli 1ย month ago

Exports are only one means.
Others include bilateral and multilateral BOP support (donor funding), diaspora remittances (currently one of the major sources) tourism, investment.

You will notice that in the main Zimbabwe isn't getting BOP (Balance of Payments) support, and very little tourist dollars, and long term investment because it is a pariah state. In short our image abroad is very poor.

Blue ๐Ÿ’™ 1ย month ago

@Mapamuro, thanks for trying to spread srnse into these people. Sustainability, sustainability.

zep holder 1ย month ago

ko paGNU what was zim exporting to sustain the USD

paGNU we were importing more they setup bacossi shops were we enjoy 1usd for 3 street staff

The basic thing is We need to sort this political messy once and for all

zanu pf to be voted out and things will fall inline

Me 1ย month ago

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Me 1ย month ago

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Me 1ย month ago

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Hy teezy
Hide Id

Inzwa kaa what we are doing is really funny buh zvikunakidza n we acti g as if its a normal thing๐Ÿ˜‚๐Ÿ˜‚

Lol hona kaa Teezy tikudanana tiri 4 ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚like 2 girls 2 guys.. Hamebi mukazvinzwisisa but inin l have my boyfriend and my friend atorio ne boyfriend yake but zvatirikuita ndezvekuti my friend akahura nemukomana wangu then ndikazvibata ininio in revenge ndokudananao nemukomana wake๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚.. Saka kuti nyaya ipere takangoti ngatidananei tese tiri 4 sezvo tanga takufeelena tese saka manje what's going on is kuti inin if l want to see her boyfriend ndotomuudz akt nhasi ndikuendao kumba kweboyfriend yako iwe enda kune yangu kana boyfriend yangu isingade kundiona inotondiudza kt babe nhasi Munashe arikuuya ini ndikuenda kunoona Aisha ahh..

Guys zviriko here like we all feel kuti zviri okay coz inin l have feelings for both guys and my friends also has and the guys vanotida futi tese... So thats my confession Teezy


TK 1ย month ago

pamuchamitiswa motadza kuziva muridzi wenhumbu ndopamuchangwara

Asalif 1ย month ago

muzvezve ndochidhambiso when you get sick you will see that you are not that clever


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