Prediction concerning

Letters

THE impacts of unpaid arrears as reported in The National on Wednesday has led to the prediction made by the chief executive officer of Nambawan Super Ltd (NSL) that it would be affecting members in their returns in terms of interest payments at the end of this year or early 2022.
This is disappointing.
Total outstanding finance is the value owed to the public servants via NSL in rentals of properties over a period of two and a half years as stated.
As custodian of the contributions of the members, the management has the responsibility of reporting and letting the members know the aftermath consequences of interest payments if it remains liability close of the financial year.
As servant of the State, I would like to see the Government respond positively to at least reduce its rental arrears so that a sufficient interest rate is determined and remitted into individual member accounts.
We are happy with NSL management and the various business objectives and the deferment of such monetary payments may lead to reduction in property values and member interest calculations.
Every financial year, our silent gift by the Government is the interest that we receive out of our progressive cumulative constituted of employer components and our own contribution.
This gives us the confidence in our future after leaving the public service.
One way for the Government to make the public servants happy this year is to attend to the outstanding balance so that we all are credited with desired interest at the close of 2021 business year.
To the NSL management, we salute you for the tremendous work you do, especially when it is the custodian of our savings and other investments.
NSL declares good interest every year.
Thank you for the number of products on offer at this point of time directly benefitting members nationwide.

Jack Anis Kukiwa,
On behalf of all NSL members