Public Service Pensions Fund

Landmark Pension Reforms coming.

President Hakainde Hichilema to Assent to Three Landmark Pension Reforms Today

Thousands of pensioners and workers across Zambia are set to benefit from sweeping pension reforms immediately after the enactment of four landmark pension laws to be signed by President Hakainde Hichilema today aimed at strengthening social security and improving benefits for contributors and retirees.

President Hichilema will sign into law the National Pension Scheme Bill, 2026, the Public Service Pensions Bill, 2026, the Local Authorities Superannuation Bill, 2026 and the Pension Scheme Regulation (Amendment) Bill, 2026.

According to a statement issued by State House Chief Communication Specialist, Clayson Hamasaka, the new laws are expected to transform the country’s pension system by increasing benefits, improving access to retirement savings and enhancing the sustainability of pension schemes.

One of the most immediate benefits is the increase of the minimum pension from K1,861 to K2,327, a move that will directly benefit more than 17,000 pensioners currently receiving the minimum pension.

In addition, approximately 30,000 retirees will now be able to access an advance lump-sum payment from their pension benefits, with some beneficiaries expected to receive as much as K17,500.

The reforms will also positively impact about 1.2 million members of the National Pension Scheme Authority (NAPSA) by improving the growth of their pension savings and strengthening the management of pension funds.

Mr Hamasaka said the reforms are designed to ensure that workers receive better returns on their contributions while safeguarding their financial security during retirement.

The pension laws form part of a broader package of legislation assented to by President Hakainde Hichilema aimed at improving the welfare of citizens and securing long-term social and economic development.

Alongside the pension reforms, the President will also assent to the Education (Amendment) Bill, 2026, which entrenches the Free Education Policy introduced in January 2022.

Since the introduction of free education, more than 2.6 million children have returned to school, significantly expanding access to education and creating opportunities for thousands of families across the country.

The State House chief communications specialists added that education and pension reforms complement each other by supporting citizens throughout different stages of life, from accessing education in childhood, to productive employment in adulthood, and financial security in retirement.

The enactment of the pension laws will mark a significant milestone in Zambia’s efforts to build a stronger social protection system and ensure that workers can retire with greater dignity, security and confidence.

PSPF INTRODUCES UPGRADED MOBILE APP.

The Public Service Pensions Fund (PSPF) has upgraded its Mobile App, now available for download on both the Apple App Store and Google Play Store.

The app provides members convenient, secure, and instant access to pension information and services directly from their smartphones.

The upgraded app offers fast and convenient access to PSPF services, reduced need for physical visits to PSPF offices, real-time access to pension information, a secure and user-friendly platform, and 24/7 availability.

Among the key features introduced on the platform are electronic Know Your Customer (eKYC) services, Microfin Loan Applications, and Biometric Life Certificates, allowing members and pensioners to conveniently update their records, apply for loans, and complete life certification processes remotely.
PSPF encourages all members and pensioners to download the upgraded mobile app and take advantage of the enhanced digital services designed to provide greater convenience, efficiency, and accessibility.

The PSPF Microfinance Loan application is now fully digital. Visit our website www.pspf.org.zm, navigate to E-PSPF portal then click on Microfinance to begin your application.

For assistance, call +260 630020101 or visit your nearest PSPF office.

Today, the Public Service Pensions Fund (PSPF) proudly joins the nation and the African continent in commemorating Africa Freedom Day.

Theme: "Assuring Sustainable Water Availability and Safe Sanitation Systems to Achieve the Goals of Agenda 2063"

Happy Africa Freedom Day!

PSPF PARTICIPATES IN THE 2026 JUNIOR FARMER AGRICULTURE SHOW

The Public Service Pensions Fund (PSPF) on 22nd May 2026 joined both public and private institutions in exhibiting at the 4th Junior Farmer Agriculture Show held at the Lusaka Showgrounds. The event provided a platform for interactions with learners, educators and stakeholders.

The show brought together learners and educators from various schools across Lusaka District, including Rufunsa Combined School from Rufunsa District. The aim was to promote financial literacy, business knowledge, civic education, and entrepreneurship among young learners.

Aligned with this year’s theme, “Promoting public service education, finance and business education, innovation, and entrepreneurship among young learners”, PSPF took the opportunity to share valuable insights with learners and visitors about the importance of financial planning and pension management for sustainable development.

Learners and educators who visited the PSPF stand gained knowledge about the Fund’s mandate, operations, loan products, and pension services. They were also introduced to the digital innovations that have improved access to services for PSPF members.

Many learners expressed appreciation for the interactive sessions, noting that the information shared was both insightful and essential in helping them understand the significance of pensions and financial planning in their lives.

Update your details anytime, anywhere with PSPF e-KYC.

No need to visit our offices, simply use your NRC and registered phone number to securely update your information online.
Simple. Secure. Convenient.

Visit our website www.pspf.org.zm and navigate to E-PSPF then click e-KYC to update your details.

For assistance, call our contact center at +260 630020101 or email us at [email protected]

Reminder to Our Members!

Use the PSPF USSD Code *3434 #, available on Zamtel, MTN, and Airtel, to access our services anytime, anywhere.
Register an account today to;
• Retrieve your Social Security Number (SSN)
• Check your contribution and loan statements
• Check the status of your life certificate
• Rate our services
Simply dial *3434 # to take control of your pension journey with the Public Service Pensions Fund (PSPF).
For more information, call our Contact Centre on +260 63 002 0101 or email [email protected]. See less

PSPF JOINS NATION IN COMMEMORATING 2026 INTERNATIONAL LABOUR DAY.

The Public Service Pensions Fund (PSPF) on 1st May 2026 joined other institutions both public and private in commemorating International Labour Day.

Commemorative activities were held across all ten provinces of Zambia, with the Lusaka event taking place at the Freedom Statue and officiated by Republican Vice President Mrs. W.K. Mutale Nalumango.

Republican President Mr. Hakainde Hichilema officiated at the national commemorations held in Chinsali District, Muchinga Province.

The 2026 Labour Day was commemorated under the theme: “Securing Zambia's Future of Work: Protecting Jobs, Skills and Pensions for Decent Work for All.”

In line with this theme, PSPF remains committed to safeguarding pensions and ensuring that every worker enjoys a secure and dignified retirement.

According to the International Labour Organisation (ILO), International Labour Day also known as the International Day of Workers or May Day is observed annually on May 1 and is dedicated to workers and labourers worldwide. The day celebrates their contributions and promotes awareness of workers’ rights.