If you work in the formal sector, a
percentage of your monthly earnings
are sent as a contribution to a pension
run by entities such as the National
Pension Scheme Authority (NAPSA).
In addition, certain employers also
ha their own pension schemes,
have
which employees can contribute to
(with some employers even matching
the contribution) such as Bank of
Zambia’s Kwacha Pension Trust Fund
(KPTF). e funds are then pooled
together and invested in various
securities in order for their value to
app
appreciate in readiness or your
collection after retirement.
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