2interact

  1. Botswana’s Retirement Fund System and Interact SSAS

    by
    Botswana’s Retirement Fund System: History, Reforms, and the Future with Interact SSAS Introduction Botswana’s pension landscape has undergone significant transformation since the country gained independence in 1966. What began as a system focused primarily on civil servants has evolved into a multi-pillar retirement structure, encompassing universal old-age pensions, occupational pension schemes, and voluntary savings. While these developments reflect Botswana’s economic growth and commitment to social protection, challenges remain in managing legacy systems, paper-based processes, and fragmented data. In today’s digital age, pension administration must keep pace with rising expectations for efficiency, transparency, and accessibility. Interact SSAS, a comprehensive social security administration system, can provide the ideal platform to modernize Botswana’s pension infrastructure. This blog explores the historical evolution of Botswana’s retirement fund system, its current structure, and how a system like Interact SSAS can support and enhance both public and private sector pension administration. Early Development of Botswana’s Pension System...
  2. Ethiopia’s Pension System: History, Schemes, and Digital Transformation

    by
    Ethiopia’s pension system has evolved significantly over the past century. From humble beginnings—where land grants were bestowed upon those serving the government—to a modern, multifaceted statutory framework, the country’s pension infrastructure now spans both public and private sectors. This blog will explore the historical background, examine the current pension schemes, detail the contribution and replacement rates, explain the survivor benefits, and finally, illustrate how digital solutions such as Interact SSAS are transforming pension administration in Ethiopia. Historical Background of Ethiopia’s Pension Scheme Early Beginnings: Land Grants and Pre-Statutory Benefits Ethiopia’s journey toward a formal pension system can be traced back to the consolidation of the central government in the last quarter of the nineteenth century. During this period, individuals who served in the government army and offices were rewarded with land grants. This practice, designed to provide post-service security, continued well into the early 1950s. These land grants were a...
  3. Understanding Sudan’s Old Age Pension System

    by
    Sudan’s old age pension system plays a crucial role in ensuring that retirees enjoy financial stability after decades of work. As a complex network of reforms, institutions, and policies, the system is designed to meet the diverse needs of public servants, private-sector workers, self-employed individuals, and Sudanese citizens working abroad. This blog post takes a look at the structure and evolution of Sudan’s pension landscape, helping readers understand the mechanisms behind Sudan’s pension calculations and the ongoing reforms aimed at enhancing coverage and sustainability. Sudan’s Pension Structure Sudan’s social security system is built on national legislation that provides financial protection against various social risks—including old age, disability, survivors’ benefits, and work-related injuries. Two main institutions manage the pension system: The Public Service Pension Fund (PSPF): A legacy fund established before major reforms that provides defined-benefit pensions primarily for public sector employees and long-serving civil servants. The National Social Insurance Fund...

© 2025 2Interact Inc., USA. All rights reserved. Copyright/Trademarks.

Login

Lost your password?