Pensioners Getting $500m From Govt Budget

Pensioners Getting $500m From Govt Budget
Published: 2016 June 24 05:50:43 (1141 Views)


Civil Service Pensioner wage bill consumed about $500 million of last years government budget,Finance and Economic Development Minister Patrick Chinamasa has revealed in responce to a question on Wednesday in Parliament by MDC-T MP for Bulawayo South, Eddie Cross.

Cross sought to know the number of civil service pensioners on the Government system in 2015 and the amount of money they were paid.

Chinamasa presented a table of the number of the pensioners from January to December last year with the numbers fluctuating between 377 000 and 397 000 while the monthly pension bill was $39,8 million.

In January there were 377 228 pension beneficiaries, 396 298 in February and 380 496 in March. The number went up to 388 162 in April but came down to 380 844 in May before going up to 382 856 in June.

In July 2015, the total number of pensioners came down to 381 260 while in August there were 381 934 before shooting up to 389 174 in September the same year.

The total number came down to 381 428 in October rising to 389 174 in November while in December there were 377 342 pensioners on the Government system.

The total amount spent between January and December last year was $477, 6 million. Cross also asked Chinamasa the total value of duty-free certificates for imports between 2014 and 2014.

“In line with Treasury Circular No. 13 of 2005, in 2014 and 2015, about $292 million and $258,5 million worth of goods were imported by Government departments respectively.

“Duty free certificates cannot be used to clear goods for individuals, parastatals, local authorities or similar organisations formed through an Act of Parliament.

Minister Chinamasa said some critical Government departments used retained funds to import goods for their operations but mechanisms were put in place to avoid a situation where officials abused the facility to import goods for private use.



- Herald
Tags: pension, Chinamasa, budget, ,
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