MORE than K72 million has been released by Government as retirement benefits for former Tanzania Zambia Railways Authority (TAZARA).
The money which was released this month has been outstanding for more than 15-years.
The categories of pension arrears that have been paid were under the Zambia State Insurance Corporation (ZSIC) and the National Pensions Scheme Authority (NAPSA).
Minister of Transport and Logistics Frank Tayali said Government has cleared an outstanding balance of K72,984,143.81 in retirement benefits for former TAZARA employees.
Mr Tayali has since advised the former employees to see to it that they collect their well deserved dues from NAPSA and ZSIC.
“The money that has been outstanding for so many years will help the beneficiaries and their families in clearing some of the hardships and financial bottlenecks they could have been experiencing. I urge the beneficiaries to put to good use their money so that they are able to get the best out of it,” he said.
(Mwebantu, Tuesday, 21st March, 2023)