The National Pension Scheme Authority (NAPSA) says newly enacted pension reforms will enable more families to benefit from the savings of deceased members.
NAPSA Director General Muyangwa Muyangwa says the reforms have broadened survivor benefits, providing greater support to spouses and children when a contributing member dies.
Mr. Muyangwa says under the new provisions, surviving spouses of eligible members will continue receiving pension payments, ensuring a source of income after the contributor’s death.
Speaking on ZNBC’s Sunday Interview, Mr. Muyangwa said children will qualify for survivor pensions up to the age of 18, while those pursuing further education will continue receiving support until the age of 25.
He said one of the key changes introduced by the reforms applies to cases where a member dies after making at least 180 contributions but leaves no surviving spouse and no child eligible for survivor benefits.
Mr. Muyangwa said the previous arrangement often left families uncertain about accessing benefits in such circumstances.
He said the new law allows benefits to be transferred through the deceased member’s estate, enabling appointed administrators to process claims on behalf of beneficiaries.
