Zimbabwe: POBS insurable earnings Quarter 1 2024
The National Social Security Authority would like to advise all employers & stakeholders of changes to the Self -Adjusting Framework for determining the monthly POBS maximum insurable earnings per employee. In terms of SI 64 of 2022 gazetted on 01 April 2022, the monthly insurable earning ceiling is reviewable quarterly.
In view of this, we would like to advise that the ceiling for the months of January, February and March (Q1) of 2024 is ZW 2,414,896.00 per employee. This is effective from January 1st 2024 payroll which becomes due on February 2024.
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