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TREASURY RELEASES K837 MILLION FOR SOCIAL PROTECTION PROGRAMMES

Written by on December 29, 2021

The Treasury has released K837 million for social protection Programmes. K255 million is targeted at retirees under the Public Service Pensions Fund (PSPF), and K50 million for those under the Local Authorities Superannuation Fund (LASF). Of the total amount released for social protection, K402 million is for the Social Cash

Transfer Programme and K130 million is for the Food Security Pack Programme. Secretary to the Treasury Felix Nkulukusa in a statement issued yesterday said the action has been done to ensure sustained and continued protection of the poor, the vulnerable and retirees.

And Mr Nkulukusa has urged all the implementing agencies of the released funds to ensure that effective paent systems are deployed so that the process does not prolong the hardships experienced by citizens especially retirees, the poor and vulnerable.

In 2022, the Social Cash Transfer Programme will be scaled up by increasing the number of beneficiaries to over one million from the 880,539 as at end August 2021.

The transfer value per household will also be increased from K150 to K200 per month and from K300 to K400 per month for households with severely disabled members. As at end of September 2021, pension benefit arrears for retired public service workers stood at K1.2 Billion.


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