Pensioners – Orphans Of Their Own Industry?

GANDY GANDIDZANWA & ITAI MUKADIRA

The Defined Contribution system has been faulted, rightly or wrongly so, on many fronts. To imagine it though being blamed for not taking real care of its very own, at the time of their most need, feels more like an imagination overstretch. Sadly, it is the reality.

Forty years on, following those mass conversions from DBs to DCs of the early 1980s, we can now