According to 2026 Marsh CFA Institute Global Pension Index, the country got C after scoring 57.0 points and coming second amongst four African countries assessed. The figures showed Botswana’s ranking declined from 59.8 in 2025 to 57.0 in 2026, which highlights the need to ensure more people have access to retirement savings and that their contributions translate into reliable income throughout retirement. Alexforbes Botswana Head of Client Servicing, Nina Sephuma, said the priority should be to help more people save consistently while ensuring they understand their retirement options.
“The Index gives us a useful benchmark, but the score is not the end goal,” she said. “What matters is whether people have access to retirement saving, understand their options and can retire with greater financial security.” The Index assesses retirement income systems using three measures namely adequacy, sustainability and integrity. Adequacy examines whether retirement benefits provide meaningful financial support, while sustainability considers whether savings, funding and coverage can maintain retirement incomes over the long term. Integrity focuses on the regulatory framework, governance, member protection and communication needed to build confidence in retirement systems. The report attributes
