Wednesday, May 29, 2024

Pension board starts Home scheme


North-Western province minister Nathaniel Mubukwanu (l) is paid a courtesy call by Congolese Lualaba province vice governor Fin Saini (r) and her entourage at the provincial minister’s office in Solwezi on Wednesday. PICTURE BY BETRAM KAOMA (ZANIS)
North-Western province minister Nathaniel Mubukwanu (l)

North-Western Province Minister, Nathaniel Mubukwanu has applauded the Public Service Pensions Fund Board for coming up with a home ownership scheme initiative.

The initiative is for its members, and is aimed at preventing old age destitution.

Mr Mubukwanu explained that the scheme has so far seen many people retire and still be able to live in the comfort of their homes unlike years back when retirees would go into destitution.

Mr Mubukwanu said this in a speech read on his behalf by Deputy Permanent Secretary, Douglas Ngimbu, during the commemoration of the international day of older persons.

And Public Service Pensions Fund Chief Executive, Patrick Bobo said various strides have been made in terms of service delivery to senior citizens such as not having to stand in long queues to get a service.

Mr Bobo said this in a speech read on his behalf by his Director, Matandiko Matandiko.

Meanwhile, North-Western Province Pensioners Association Chairperson, Kenneth Kapata revealed that 200 members have benefited from the scheme in various sectors such as agriculture.

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