NSSA chair says pension fund will clean up corrupt...

NSSA chair says pension fund will clean up corruption rot exposed by audit

Zim Now Writer

The National Social Security Authority has said it will take action against officials implicated in looting the State-run pension fund following a new forensic audit.

NSSA board chairman Emmanuel Fundira said that the authority was working through the audit before taking any action, adding that the State-run pension fund wanted to “clear all the mess which has been existing in NSSA”. He said:

“We want to clear all the mess which has been existing in Nssa. There have been correct and serious observations made in the audit and we are going to follow that as a bible and make sure that people are accountable for their transgressions,” he said.

Fundira was appointed chairman in May and spoke after a ceremony to honour outstanding insurers at the Independent Insurance Survey Awards 2023 on Wednesday.

The announcement follows the authority’s success at the 2023 Good Practice Awards in Abidjan, Côte d’Ivoire, where NSSA won three certificates of merit in recognition of service delivery initiatives. NSSA also won three awards at the Independent Insurance Survey Awards 2023.

NSSA’s acting general manager, Charles Shava, said that the awards demonstrate the authority’s journey towards service delivery excellence. He said NSSA’s vision is to become a world-class provider of social security by 2030, and Shava emphasised the importance of investing in technology to achieve this goal.

NSSA has been riddled with multi-million scandals including poor investment, hyper inflated perks for senior management and fraudulent transactions.