- November 16, 2019
- Posted by: Simangolwa Muyunda
- Categories: Benefits-FAQ, Pensions-FAQ
NAPSA law provides for a minimum pension. This is the lowest monthly retirement or invalidity pension payable in a given year and is computed as follows:
- 20% of the National Average Earnings (NAE) applicable in the year of retirement or invalidity, as obtained from the Central Statistical Office.
Examples: 2015 = 20% of 3,981.00