From May 8th 2023, the Fund is introducing the payment of superannuation on unpaid maternity for its female staff – a first for the industry, and for the country. According to Nasfund CEO Rajeev Sharma, Nasfund is promoting gender equality and bridging the gap that exists with the disparities faced by women at the point of retirement. 'On average for example a female contributor may miss out on superannuation contributions of up to K500 due to unpaid maternity leave. This then affects her final superannuation balance in the long run by as much as K2, 895.

https://www.looppng.com/png-news/new-initiatives-nasfund-female-members-120085

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