This study examined the retirement systems in Swaziland with a view to drawing lessons from their experiences in addressing old age provision both from government pension schemes and informal mechanisms developed by their communities. Pension systems and long term savings of a nation’s citizens provide the prospect of a secure retirement and the support of a pool of investible assets to the economy. Many governments make promises to provide a minimum level of income in retirement whose cost must be met by tax revenue.
This study, in collaboration with the Department of Social Development, is part of FinMark Trust’s efforts and commitment to researching the long-terms savings behaviour of the poor and contributing to the development of a facilitative policy framework. The study reviews the full spectrum of vehicles that provide financial support for the elderly across all member states of the Southern African Development Community (SADC).