Mining Industry Pension Fund

Mining Industry Pension Fund (MIPF) is a self-administered defined contribution union pension fund located in Harare, Zimbabwe. The plan was established in 1952 as a result of a collective bargaining agreement between representatives of employers through the Chamber of Mines of Zimbabwe (COMZ) and those of employees through the Associated Mine Workers Union of Zimbabwe (AMWUZ). MIPF is administered by a board of eight trustees appointed by the National Employment Council (NEC), which includes four employer representatives are appointed by the Chamber of Mines while the other four employee representatives are appointed by the Associated Mine Workers Union. The assets of the pension fund are governed by a board of trustees.