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Africa Pension Summary

BOTSWANA A universal, Old Age Pension System was initiated in Botswana in 1996. Coverage extends to all citizens over 65 years of age residing in Botswana. The current pension (2015) is 220 Pula per month (US$ 22), the costs of which are born by the government. This pension is adjusted periodically according to changes in […]

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ARGEN Actuarial Solutions

Company Profile ARGEN Actuarial Solutions is comprised of a significant group of actuaries with an eye for precision and a bent for innovation.  With offices in South Africa and Namibia, and actuarial projects on the go in Zambia, Malawi, Botswana, Tanzania, Uganda and Zimbabwe. Enterprise risk solutions We are acutely aware of the responsibility we […]

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South Africa Pension Summary

Overview The South African pension system is based on the general three-pillar design, where pillar 1 consists of a non-contributory, means-tested social grant, pillar 2 of occupational funds and pillar 3 of voluntary retirement savings. Public Pensions The means-tested State Old Age Grant (SOAG) provides a monthly minimum income of R 1,410 (2015) to a […]

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