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The payment of old age pension should reach 471 million euros

On the horizon in 2054, Mauritius should enumerate nearly 343,000 persons eligible to the payment of retirement pension against 184,487 pensioners counted in 2014.

Thus, according to the forecast of the official body Statistics Mauritius, expenditure allocated to the payment of pensions which by the State of Mauritius annually could meet 18.5 billion rupees (471.4 million euros) whereas at present 10 billion rupees (254.8 million euros) were expended every year.

As a reminder, with the proposed increase in the number of elderly in Mauritius, funding for pensions in 2060 might correspond to more than 11% of GDP and in the long term weigh heavily on public finances.

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