NSSA - Pension & Other Benefits (POBS)

Modified on Wed, 17 Jul at 8:52 AM

Membership

Working Zimbabweans aged 16 to 65 are obligated to be a member of POBS (Pension and Other Benefits Scheme). 


Contributions

The contribution rates are currently 4.5% (as of 2024) of the insurable earnings for the employee and an equal amount by the employer, giving a total of 9% up to a maximum amount.


NSSA Figures as of JUNE 2024 ,

Period Limit is US$ 700

Contribution Threshold US$ 31.50

NB: For full ZiG payrolls multiply the US$ amounts by the interbank mid 


Coverage

See the link, below, for more information about who is covered.  


See this link for further information about NSSA setup, download the current NSSA notes on the 'Resources' section of the Belina website Resources - Belina Payroll


See this link for further information about membership, contributions, coverage and the setup of NSSA.

See this Video Tutorial for instructions on how to setup your NSSA period limit and threshold.   



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