Chinamasa ignorant of how much PSMAS owes employees

Finance and Economic Development Minister Patrick Chinamasa has expressed ignorance over how much the Premier Service Medical Aid Society (PSMAS) owes employees after he was questioned by a house of assembly member as to what the government was doing concerning what the institution owes the employees.

MP Paul Chimedza has asked the minister in parliament over the issue.

"I would like to find out from the Minister of Finance and Economic Development, Hon Chinamasa, when the debt to  PSMAS will be paid up. We understand that now there is a new CEO at PSMAS but government, from 2014 and before, owes PSMAS $94 million. From 2015 to date, contribution for employees amounting to $15 million is owed and owed employee contribution is $60 million. So the bulk debt that government owes PSMAS is $169 million," he said.

Chinamasa said he was aware that government owes PSMAS employee contributions but was not aware of the exact amount.

"So, I cannot confirm or deny whether Government owes the $169 million. As to when it will be paid, we have now started meeting the contributions from March and I think that these payments will be sustained," Chinamasa said.