Zimbabwe - POBS insurable earnings: Quarter 2 of 2024

Zimbabwe - POBS insurable earnings: Quarter 2 of 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 now reviewable quarterly.
 
In view of this, we would like to advise that the ceiling for the months of April, May and June (Q2) of 2024 is ZW 12,520,686.00 per employee. This is effective from April 2024 payroll which becomes due on 10 May 2024.

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