According to information gathered by The Sunday Mail, National Social Security Authority (NSSA) general manager Mrs Elizabeth Chitiga earns US$16 786 per month while other executives earn between US$6 000 and US$15 000 monthly. Pensioners get US$80 monthly payouts despite years of contributing to NSSA.
NSSA board chair Mr Robin Vela defended the high perks saying:
The remuneration of executives is pitched to attract talent necessary to manage a US$1,3 billion fund. If the top executive is being remunerated at under US$20k per month on a TCTC (total cost to company) basis – that is, in my view, below market!
Zimbabwe Pensions and Insurance Rights Trust general manager Mr Martin Tarusenga condemned NSSA for paying huge salaries to top executive using the pension fund.
More: Sunday Mail