Mukuba Pension Scheme was established in 1982 as an occupational Pension Scheme to provide pension benefits to all categories of employees on local conditions of employment at Zambia Consolidated Copper Mines (ZCCM), its subsidiaries and associated companies. Following the privatization of the mines, the scheme opened to accommodate all employees from employers that would want to join Mukuba.

Following the privatization of the mines the scheme has opened up to cater for various employers.