If a Member who has completed ten (10) years of Pensionable Service is retired from Pensionable Service by the Employer before Normal Retirement Age owing to:
i. his post becoming superfluous to the Employer’s requirements;
ii. his post being abolished;
iii. a general scheme for the reduction or reorganization of departments;
iv. a change in staffing policy by the Government or the National Railways of Zimbabwe;
v. a desire by the Employer to increase efficiency of the business of the Employer;
vi. Termination on notice,
the Member shall be entitled to an immediate pension equal to 1/648th of the Member’s average retiring Pensionable Salary for each complete month of Pensionable Service, increased by one-third, subject to the total Pension not exceeding the Pension the Member would have received had he continued to Normal Retirement Age and his Pensionable Salary had remained the same.
This Pension shall be paid by the Employer until the Member attains Normal Retirement Age, following which the Pension shall be paid by the Fund.
If a Member who has not completed ten (10) years of Pensionable Service is retired from Pensionable Service by the Employer before Normal Retirement Age owing to (i) to (v) above, he shall be entitled to a gratuity equal to 1/144th of Average Pensionable Salary for each complete month of Pensionable Service.