K684m Pension Crisis
Retirees urge government to clear long-standing arrears as thousands remain unpaid By Francis Maingaila ♥️ Lusaka, Zambia24 — (6-05-2026) -- A K684 million pension crisis is unfolding as thousands of retired public service workers continue to wait for delayed benefits, prompting renewed calls for urgent government intervention. The National Society for Public Service Pensioners, Retirees and Retrenchees of Zambia (PUSERREZA) says the prolonged delay in settling recalculated pension benefits has left many elderly beneficiaries struggling to survive. Speaking at a press briefing, PUSERREZA Vice President Mutinta Cheelo appealed to President and government leadership to prioritise the payment of the outstanding arrears. Cheelo said the matter stems from a court case concluded between 2003 and 2011 in favour of public service workers who were retired or retrenched between 1999 and 2008. Following the ruling, the Public Service Pensions Fund Board undertook recalculations of the ben...