The DPF is the largest private Pension Fund in Botswana by size and Value.We provide retirement planning services to Debswana & DeBeers Group of companies
A change in marital status, number of children borne is important information that needs to constantly be updated. In the event a member’s marriage ends in separation or divorce, it is important to notify the Fund as soon as possible and update one’s beneficiary nomination form.
Pensioner Members who need to change or update banking details are required to submit a letter from the bank which entails both details of their current bank account and the one they wish to change to
Wrong data will likely have a Pension Fund member placed in the wrong investment portfolio and this will impact the member’s retirement plan. Verify that your information is correct #MemberDataImportant
Greetings DPF Members and Followers!
It is important to stay up to speed with developments taking place at your Pension Fund. Attached is the latest Performance update from DPF.
#YourFund#YourSecurity#YourFuture
Do you know any of the under listed deceased's dependents that are unknown to their families? Contact Gaborone - 73652732, Jwaneng - 71994354,Orapa - https://t.co/6ZRmnasoS0 may also send an email to the Member Relations and Investigations Coordinator at [email protected]
DPF has 4 annuity/pension options. Below are the last two options:
1. Life with 5years guaranteed
2. Life with 10years guaranteed
Note that once you have signed on the dotted line your decision is irreversible. Your decision is affected by what you know, do your research!
Planning for retirement will only be complete when you are familiar with the annuity/pension options available. You do not have to wait for retirement to understand implications of options on offer.
Familiarize yourself with annuity/pension options on offer at DPF.
Healthcare Holdings Company is another property that DPF has a 58% investment stake and this was acquired back in 1990. The year is about to end, use the time left to assess the plans you had made for 2020 and identify areas of improvement to incorporate into 2021 plans.
Know who your dependents are and allocate benefits accordingly. Upon allocation, take the following into consideration; degree of dependency, age of dependents, relationship and likely duration of dependency.
#informedbeneficiarynominations
Complete Beneficiary Nomination form upon entry to the Fund ; When dependents change; When you decide to change your desired distribution amongst dependents and every two years even if there are no changes.#InformedBeneficiaryNominations
Know how much you have as Pension benefits to effectively plan for your future and that of your beneficiaries. Utilize all the opportunities you have to take control of your tomorrow. Access your Benefit statement and work towards achieving the desired Net Replacement Ratio
Do you know your Beneficiaries?Follow our education campaign and learn more on the Nomination Process. As per the Retirement Funds Act, 2014, Beneficiary is a nominee of a member or dependent who is entitled to benefit as provided for in the Rules of the relevant Pension Fund!