Call for delay in retirement to boost savings
Friday, March 03, 2017
The early retirement age in the public service is currently at 50 years.
Giving a presentation at the Botswana Pensions Society (BPS) annual conference in Gaborone on Monday, Jefferis said inadequacy of pension funds is due to inadequate contributions, poor investment returns, early retirement, high cash withdrawals and low annuity rates.
These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...