IPEC commissioner, Tendai Karonga THE latest report by the Insurance and Pensions Commission (IPEC) shows pension arrears have risen to $463 million in the first quarter of 2017. This 32 percent increase on the December 2016 figure is cause for alarm as it does not only mean a growing number of pensioners are retiring into undeserved penury after years of work. It also signals deep-lying problems which corporate Zimbabwe needs to confront before matters get out of hand. The pension arrears figure, especially when considered in tandem with the high levels of tax debt — $3 billion mostly in unremitted value-added tax and personal income tax  exposes an economy under serious strain. The overwhelming majority of…