{"id":204597,"date":"2025-08-13T15:27:05","date_gmt":"2025-08-13T13:27:05","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zimbabwe\/zimbabwe-government-allocates-u-s-25-million-for-pre-2009-pension-losses\/"},"modified":"2025-08-13T15:27:05","modified_gmt":"2025-08-13T13:27:05","slug":"zimbabwe-government-allocates-u-s-25-million-for-pre-2009-pension-losses","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zimbabwe\/zimbabwe-government-allocates-u-s-25-million-for-pre-2009-pension-losses\/","title":{"rendered":"Zimbabwe: Government Allocates U.S.$25 Million for Pre-2009 Pension Losses"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"24\">The government has set aside US$25 million for pre-2009 pension losses to compensate civil servants, who were hard hit by hyperinflation linked value erosion.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"17\">Pensioners lost significant value during the 2008-9 hyperinflationary era which saw thousands of workers being paid peanuts.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"36\">In a bid to avert the crisis, the government appointed the Justice Leslie Smith Commission of Inquiry into pensions underpayments. When it presented its findings it established a series of anomalies and recommended the&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202508120111.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Zimbabwe\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/zimbabwe\/\">Zimbabwe<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has set aside US$25 million for pre-2009 pension losses to compensate civil servants, who were hard hit by hyperinflation linked value erosion. Pensioners lost significant value during the 2008-9 hyperinflationary era which saw thousands of workers being paid peanuts. In a bid to avert the crisis, the government appointed the Justice Leslie Smith [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":188473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[248],"tags":[258,256,13703,6427,9741,5118,257,8450,52095,254,42725,4686,421],"class_list":["post-204597","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zimbabwe","tag-africa","tag-africa-news","tag-allocates","tag-government","tag-losses","tag-million","tag-news","tag-pension","tag-pre2009","tag-south-africa-today","tag-u-s-25","tag-zimbabwe","tag-zimbabwe-news"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/204597","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=204597"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/204597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=204597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=204597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=204597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}