Alexander Forbes survey reveals bleak retirement prospects for most SA workers
Most workers will retire with an income of just 40.51% of their final pensionable salary
12 October 2021 - 18:53
Alexander Forbes’ annual member insights survey has highlighted the dire retirement prospects facing most SA workers.
The survey, which uses data from all the SA retirement funds administered by the company and covering almost 1-million members and 2,400 employers up to end-December 2020, shows that local workers are on average projected to enter retirement with an income of just 40.51% of their final salary...
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