Pensions fall short of securing retirees� future
Friday, March 03, 2017
Many financial experts at the recent BPS annual conference said a retiree needs between 60% and 70% of his final salary as a pension in order to maintain their lifestyle.
“This target pension ratio, referred to as a ‘replacement ratio’ is expected to be enough for the retiree provided he has no debt and no dependants at their date of retirement,” says BPS chairman, Peter Hikhwa.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...