Signing of pension access bill into law, a momentous achievement

Ruling United Party for National Development (UPND) says President Hakainde Hichilama’s assent to the National Pension Scheme Authority (NAPSA) partial pension access bill into law is a momentous political achievement.

Reacting to the new development in a statement on Tuesday, UPND Kitwe District Information and Publicity Secretary, Jim Kaunda, said critics of President Hichilema have been silenced by the move.

“We are extremely excited to see the President assent to the bill, this is yet another campaign promise fulfilled. This law, among other things, seeks to allow NAPSA contributors to have access to their money even before they retire,” Kaunda said.

He said the nation may recall that during the 2021 campaigns, “we committed ourselves as a party to once elected to office, allow workers to access their hard-earned money and true to our words, that has been fulfilled.”

Kaunda said the party was proud of the decision taken by President Hichilema to allow for partial access of the pension money.

“We therefore want to congratulate the President and the New Dawn administration for walking the talk and for sticking to our promise as contained in our manifesto,” he said.

Kaunda said the party would always endeavor to fulfill promises made and never depart from the party manifesto.

“Having said that, we want to put it on record that we toast this achievement together with the workers and labour unions who were eagerly waiting for this,” he said.

Kaunda said workers should reciprocate the government’s gesture by putting back their money to good use so that their lives improve.

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