Call for delay in retirement to boost savings
Friday, March 03, 2017
Words of wisdom
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.
“Injustice anywhere is a threatto justice everywhere.”— Dr. Martin Luther King Jr.We listened, and we want very much to believe him, but our belief will not be secured by fine speeches; it will be secured only by action.For far too long, there has been a suspicion amongst ordinary Batswana that the law has two faces; one for the ordinary man and woman struggling to make ends meet, and another, gentler face for the well-connected and the...