ZSIC Life, a leading long-term insurance, saving, and wealth management company, has failed to pay off terminal benefits to former Nitrogen Chemical of Zambia workers since 1995. According to information shared with Zambian Business TimesZBT by one of the affected individuals, whose name remains withheld due to the sensitivity of the matter, the former NCZ workers used to contribute pension benefits to the named company without fail, not until 1995, when ZSIC Life stopped making deductions, prompting the workers to demand their benefits. “The issue which is there is that former workers at NCZ had been contributing pension deductions to...
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