Chairman's Statement

Chairman Mr. Jobe Mashwama
Chairman of the SNPF Board.
"The conversion of the provident fund to a pension scheme is still a work in progress. Once the actuarial report is included into the draft legislation (to enable accurate calculation of contributions under the pension scheme among others), the proposed legal framework will be ready for cabinet and parliamentary debate as a bill, so that it can pass into law. The anticipated delivery of the pension scheme is still 2013."....

Read the full statement in the 2012 Annual Report