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Retirement Benefits

RETIREMENT BENEFIT

The retirement benefit is paid to qualifying contributors upon retirement. The benefit may be paid out in the form of a grant if the contributory period is more than 12 months but less than 120 months, or a pension paid monthly in arrears to a contributor until his/her death, if the period of contribution is 120 months or more.

WHO QUALIFIES?

Contributors who have attained 60 years of age, for normal retirement, or 65 years, for late retirement, and are no longer employed or contributors who have attained the age of 55 and are no longer employed, provided that during at least 7 years of the last 10 years immediately prior to attaining the age of 55 they have been in arduous employment, qualify.

Arduous occupations are as follows:

Transport: Heavy truck driver

Forestry:

Chain saw operator

Jack operator

Jig saw operator

Dump Truck operator

Timber loader

Cross cut saw operator

Stumper

Quarry: Quarries

Mining: Underground operations such as lashing, tramping, grizzly operations, rigging and employment in hot areas such as coke ovens and smelters.

Surface operations: Operations in smelter furnaces refining, kettle attendance and trapping.

Agriculture: All Agricultural work.

WHEN TO CLAIM THE RETIREMENT GRANT

Statutorily the claim should be submitted within five years after the date of retirement.

WHEN TO CLAIM THE RETIREMENT PENSION

Statutorily the claim should be submitted within twelve months after the date of retirement.

WHAT DOCUMENTS ARE REQUIRED WHEN MAKING A CLAIM?

P9/P10 form, completed by the contributor and employer.

Certified copy of claimant’s national identity card, valid Zimbabwean passport or driver’s licence.

Bank statement.

Payslip, stamped and signed by employer.

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