WELCOME
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.
Our Pension Scheme safeguards employee retirement and separation benefits. It allows the employer to concentrate on their core business, by transferring the responsibilities of administering separation benefits to Mukuba Pension Trust.
OUR SERVICES
Frequently Asked Questions
Defined Benefits Scheme
It is also known as a “Final Salary” Pension Scheme.
The retirement benefit is payable at the age of 55, based on one’s final salary, length of service and accrual factor.This scheme was administered By Mukuba Pension Trustees from 1982 to 2011 when it was closed off to new members.
Real Estate
The contributions received will be invested for us to get the desired return to grow the pension fund.
Some of the investments are in high value real estate wholly owned by the scheme,