Zimbabwe: Insurable Earnings Ceiling
Pension & Other Benefits Scheme (POBS) contributions insurable earnings ceiling for the months of April 2022 - June 2022:
The calculation for the National Social Security Authority (NSSA) earnings ceiling effective 1 April 2022 - 30 June 2022 is the average of the preceding 3 months' TCPL for 5 people multiplied by the rate factor of 3.5:
- TCPL January + February + March = 8495 + 9144 + 9708 = 27347
- 27347 / 3 = 9116 (average TCPL for the preceding 3 months')
- 9116 * 5 (for a family of 5) = 45580
- 9116 * 5 (for a family of 5) = 45580
- 45580 Multiplied by the factor of 3.5 = 159,530.00
The NSSA earnings ceiling effective 1 April 2022 - 30 June 2022 is ZWL159,530.00
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