Long suffering pensioners form trust

Long suffering Zimbabwean pensioners have formed a trust that they hope will help improve their welfare.

The Pensioners Union Trust of Zimbabwe will lobby and advocate for policy reforms to address the plight of members.

“The National Social Security Association and other pension funds have dismally failed to come up with credible and viable plans to address pensioners’ welfare. Pensioners are deeply concerned as a result of this neglect. We have decided to mobilise our colleagues throughout the country and break a new welfare dimension,” said the President, Wisdom Zhanje.

PUTZ is a non-racial organisation that draws its membership from all retirees, irrespective of their industries. There are plans for members to access cattle ownership schemes, income generating project funds, residential stands, funeral assistance, legal advice and easy access to loans.

“PUTZ is developing a plastic money card that should cut travelling costs for pensioners who wish to access their money (at various places) and will be available in most retail outlets throughout the country,” said Zhanje.

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