The Statutory Actuarial Valuation of the Fund as at 31st December 2024 revealed that the Fund recorded a surplus which translated to a funding level of 111.3%, compared to the previous statutory valuation of 2021, which revealed a funding level of 50.79%. This is the third actuarial surplus resulting in a funding level above 100%, […]
This category consists of Members who are in the permanent and pensionable employment of the Bank of Zambia and are Members of the Fund. This category consists of retirees, surviving spouses and child beneficiaries. As the average age of the Active Members continues to increase and as they retire, the volume of Members under this […]
KPTF joined the rest of the Pensions Industry to commemorate the 2025 PAW. The Fund carried out various activities including two pre-retirement Member sensitisation sessions (one organised by the Fund, and another by the Pensions and Insurance Authority (PIA) and the Zambia Association of Pension Funds (ZAPF), an employee sensitisation session and a Secondary School […]