Retirement / pension in Senegal
Status: Mandatory
Mandatory basic and complementary pensions are managed by IPRES (Senegal's retirement-provident institution). Licensed life insurers additionally offer optional individual retirement-savings products.
Legal requirement
The national old-age scheme managed by IPRES is mandatory; the complementary pension is mandatory for executives whose monthly income exceeds the scheme's threshold.
Frequently asked questions
- Who manages the mandatory pension in Senegal?
- IPRES manages the mandatory national old-age scheme (basic and complementary). Life insurers offer optional supplementary retirement savings.
Licensed companies (vie) in Senegal
Licensed companies operating in this line. Exact product range to be confirmed with each company.
- ASKIA Assurances
- Assurance Sécurité Sénégalaise (ASS)
- SONAM SA
- La Prévoyance Assurances (PA)
- Assurances La Providence du Sénégal
- WAFA Assurance Sénégal
- Salama Assurances Sénégal
- Sen Assurance Vie
- Finafrica Assurances
Sources
Data verified on .