{"id":22008,"date":"2022-05-03T19:56:53","date_gmt":"2022-05-03T19:56:53","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned"},"modified":"2022-05-03T20:09:51","modified_gmt":"2022-05-03T20:09:51","slug":"napsa-partial-withdrawals-of-benefits-government-cautioned","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned","title":{"rendered":"NAPSA Partial Withdrawals of Benefits: Government Cautioned"},"content":{"rendered":"

Africa-Press – Zambia. <\/strong><\/span>I have followed this discussion with lots of interest. That government wants people to access their pension funds before they retire. That such will incentivize people to invest and earn returns before they retire. The thinking may be noble and a good gesture but govt must be cautioned on the implementation of this initiative.<\/p>\n

People that contribute to NAPSA are mainly career professionals. They have very limited access to entrepreneurial manoeuvres. They are comfortable working for however many years and then retire to access their hard-earned money and live the rest of their lives.<\/p>\n

My caution is that allowing people to access this money cuts into what they will get when they retire. It opens them up to bad investments and become targets of all manner of fraud. Investing in a way that brings a return is a trade someone has to fully understand, embrace and commit to. It\u2019s not a by the way thing that people can do when they knock off work in their spare time or on weekends.<\/p>\n

If the idea is to allow people access to money so they can buy farms, and build houses while they are still gainfully employed, govt can make those facilitations without touching people\u2019s pensions. Govt can set up schemes or compel financial institutions to grant workers loans to build and acquire farms while keeping their pensions intact. It will be a disaster to speculate with this money that is supposed to give a semblance of dignity to elderly people that worked their entire life.<\/p>\n

For More News And Analysis About Zambia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zambia. I have followed this discussion with lots of interest. That government wants people to access their pension funds before they retire. That such will incentivize people to invest and earn returns before they retire. The thinking may be noble and a good gesture but govt must be cautioned on the implementation of […]<\/p>\n","protected":false},"author":84,"featured_media":22007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12,16],"tags":[234,235,233],"class_list":["post-22008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","category-twitter","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"\nNAPSA Partial Withdrawals of Benefits: Government Cautioned - Zambia<\/title>\n<meta name=\"description\" content=\"I have followed this discussion with lots of interest. That government wants people to access their pension funds before ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAPSA Partial Withdrawals of Benefits: Government Cautioned\" \/>\n<meta property=\"og:description\" content=\"I have followed this discussion with lots of interest. That government wants people to access their pension funds before ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned\" \/>\n<meta property=\"og:site_name\" content=\"Zambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-03T19:56:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-03T20:09:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"625\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NAPSA Partial Withdrawals of Benefits: Government Cautioned\",\"datePublished\":\"2022-05-03T19:56:53+00:00\",\"dateModified\":\"2022-05-03T20:09:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned\"},\"wordCount\":275,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zambia\",\"Zambia\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned\",\"name\":\"NAPSA Partial Withdrawals of Benefits: Government Cautioned - Zambia\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg\",\"datePublished\":\"2022-05-03T19:56:53+00:00\",\"dateModified\":\"2022-05-03T20:09:51+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"I have followed this discussion with lots of interest. That government wants people to access their pension funds before ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg\",\"width\":720,\"height\":625,\"caption\":\"NAPSA Partial Withdrawals of Benefits: Government Cautioned\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/zambia\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NAPSA Partial Withdrawals of Benefits: Government Cautioned\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#website\",\"url\":\"https:\/\/www.africa-press.net\/zambia\/\",\"name\":\"Zambia\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/zambia\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NAPSA Partial Withdrawals of Benefits: Government Cautioned - Zambia","description":"I have followed this discussion with lots of interest. That government wants people to access their pension funds before ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned","og_locale":"en_US","og_type":"article","og_title":"NAPSA Partial Withdrawals of Benefits: Government Cautioned","og_description":"I have followed this discussion with lots of interest. That government wants people to access their pension funds before ...","og_url":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned","og_site_name":"Zambia","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2022-05-03T19:56:53+00:00","article_modified_time":"2022-05-03T20:09:51+00:00","og_image":[{"width":720,"height":625,"url":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"NAPSA Partial Withdrawals of Benefits: Government Cautioned","datePublished":"2022-05-03T19:56:53+00:00","dateModified":"2022-05-03T20:09:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned"},"wordCount":275,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg","keywords":["Africa Press","Africa Press-Zambia","Zambia"],"articleSection":["all news","homepage-english","policy","twitter"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned","url":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned","name":"NAPSA Partial Withdrawals of Benefits: Government Cautioned - Zambia","isPartOf":{"@id":"https:\/\/www.africa-press.net\/zambia\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg","datePublished":"2022-05-03T19:56:53+00:00","dateModified":"2022-05-03T20:09:51+00:00","author":{"@id":"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"I have followed this discussion with lots of interest. That government wants people to access their pension funds before ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#primaryimage","url":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg","contentUrl":"https:\/\/static.africa-press.net\/zambia\/sites\/35\/2022\/05\/img-62718bf5e90d7.jpg","width":720,"height":625,"caption":"NAPSA Partial Withdrawals of Benefits: Government Cautioned"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/zambia\/all-news\/napsa-partial-withdrawals-of-benefits-government-cautioned#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/zambia\/"},{"@type":"ListItem","position":2,"name":"NAPSA Partial Withdrawals of Benefits: Government Cautioned"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/zambia\/#website","url":"https:\/\/www.africa-press.net\/zambia\/","name":"Zambia","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/zambia\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/zambia\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/posts\/22008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/comments?post=22008"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/posts\/22008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/media\/22007"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/media?parent=22008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/categories?post=22008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/zambia\/wp-json\/wp\/v2\/tags?post=22008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}