Local News

Windfall for 33k pensioners …some to get US$100k compensation

NewsDay Staff ·

Windfall for 33k pensioners  …some to get US$100k compensation

THE  Mining Industry Pension Fund (MIPF) is set to compensate pensioners who lost their benefits during the hyperinflationary era between 2006 and 2009 amid revelations that over 33 000 people have not yet claimed their benefits.

Some of the pensioners are set to receive about US$100 000.

This was revealed by MIPF Bulawayo branch manager Perseverance Dube during the Zimbabwe Diamond and Allied Minerals Workers Union’s Gwanda regional meeting held last week.

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