n AfricaGrowth Agenda - The investment climate and choices for pension funds in Africa

Volume 2007, Issue 7
  • ISSN : 1811-5187


At the onset, I need to make a confession: beyond college in the 1960s, I begun to pay attention to pension and social security issues only as recently as 2002, a year before my retirement from the World Bank Group (WBG), after nearly three decades of service. At the time, I was glad to know what I learnt and those lessons have since played important roles in shaping my views on the subject. First, participating in a pension plan that promises future income protection is a wise investment. I learnt that I could earn a pension income close to 80% of my average salary over the five (5) years prior to retirement.

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