Conversion of Pension Benefits
All former members of the Communications and Allied Industries Pension Fund are hereby advised that the Fund has completed the conversion valuation of all pension benefits from Zimbabwe dollar to United States dollar.
Therefore all former members of the Communications and Allied Industries Pension Fund who resigned/ were discharged from the services of Net One, POSB, Tel One or Zimposts and whose pension benefits were not yet paid as at 31 January 2009 are requested to contact the Fund and submit their banking details for processing of payments. Further details can be obtained from the following e-mail addresses :-
E-mail : chanaka@caipensions.co.zw
payments@caipensions.co.zw
Website: http://www.caipensions.co.zw
Notice to all CAI PF Pensioners...
The following links contain names of pensioners of the Communications and Allied Industries Pension Fund (formely PTC Pension Fund) who have not submitted their Certificate of Life forms and whose whereabouts are unknown and have not collected their pensions. Would these pensioners contact our offices and if anyone has information about their whereabouts, would you please refer them to our offices.
::Local Pensioners::
::External Pensioners::
::Rule:46 Pensioners::
webmail
Frequently Asked Questions...
Q. Will my pension increase after I retire?
A. Pensions are reviewed yearly by the Trustees who depending on affordability will award an increase.
Q. What happens to my medical aid cover if I leave?
A. If you retire you will be able to continue contributing towards medical aid cover with the Fund paying the employer potion of those contributions. However such cover is not extended to those who resign or are discharged.
Q. How much do I get when I retire?
A. You will elect to receive a lumpsum amount and thereafter a monthly pension calculated using your age, service and salary. This amount varies from person to person and you can contact the Fund for a calculation result.
Q. Do I have a say in the running of the Fund?
A. Yes. By voting for member Trustees you are selecting your representatives who will administer the Fund on your behalf. It is up to you to monitor the performance of your representatives.
Q. Can I leave the Fund when I want to?
A. Once you become a member you cannot leave the Fund unless you do so as a recipient to a benefit payable on resignation or discharge. Retired persons continue to be members of the Fund