The maximum insurable earnings for NSSA pension contributions for the month of July 2022 to September 2022 is ZWL255 675.

See NSSA Notice below:

Following the promulgation of SI 64 of 2022, the POBS maximum insurable earnings will now be reviewed on a quarterly basis. The new formula for calculating the basic insurable salary ceiling is based on the previous 3 months' average Total Consumption Poverty Line for a family of 5, multiplied by a factor of 3.5.

Note that the same ceiling will apply for the months of July 2022 to September 2022.

Visit https://www.nssa.org.zw/ for more information.

How do I apply these changes to my payroll?

The NSSA ceiling requires manual changes to be made to your payroll. You may refer to this knowledge base article to assist you with making the changes on the payroll. Note that this is a guideline and you should reach out to your Business Partner for further assistance.