THE Insurance and Pensions Commission (Ipec) has noted a 104 percent rise in unclaimed benefits in the pensions sector.Advertisements This climbed to US$14,25 million for the quarter ending December 2024, up from the US$7 million recorded in the same period the year before. Unclaimed pension benefits are funds owed to members or their beneficiaries of…
Unclaimed pension benefits surge 104 percent
A significant number of pensioners in Zimbabwe face poverty, with many struggling to afford basic necessities due to low pension benefits and the impact of hyperinflation on payments.