Social_service
Status:
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Promise

Introduce partial withdrawal of pension contributions for specific purposes

Promise History

The National Pensions and Scheme Authority (NAPSA) has paid out K10 Billion Kwacha since inception of the Programme

The government of Zambian through NAPSA has disbursed K10 billion in partial withdrawals to members since the inception of the Programme in 2023, marking a significant step in providing access to funds amid financial challenges.

Link iconNews DiggersPublished: April 11, 2025
Partial Withdraw of the National Pensions Scheme Authority Contributions Approved

On April 17, 2023, Zambian President Hakainde Hichilema announced the National Pension Scheme Amendment Bill 2023, permitting citizens to make a one-time partial withdrawal of their pension funds, which can be reinvested to create jobs and support economic development.

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