CABINET has approved the voluntary training of youths by the Zambia National Service (ZNS). Further, Cabinet has approved the issuance of the National Pension Scheme (Pensionable Earnings) (Amendment) Regulations, 2024, for the period January 1 to December 31, 2025. Chief Government Spokesperson Cornelius Mweetwa says the Statutory Instrument provides for the maximum annual pension contribution for the National Pension Scheme, the basis to determine the minimum pension payable, among other provisions. According to a statement issued yesterday, Mweetwa said the decisions were made during the 25th Cabinet Meeting held on Tuesday, December 17. He added that the planned voluntary youth training by ZNS would equip youths with various livelihood skills. “The President of the Republic of Zambia, Mr. Hakainde Hichilema,...

This premium content is for paid ePaper subscribers.
Subscribe
Already a member? Log in here