Ezi Pei pension service to take pressure off gov’t

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BY LORETTA BRIGIDIA MANELE

A lot of people don’t have pensions and assisting to develop micro-pensions, even in small fractions will take pressure off the government, maybe in the long run.

These words were echoed by Mr Martin Hine, President of Global Partnerships, Bibimoney who along with Solomon Islands Postal Corporation (SIPC) called in the Prime Minister’s Office last week to brief Prime Minister Rick Houenipwela about their Ezi Pei system.

He stressed that besides providing services like allowing customers to withdraw cash from agents, buy goods, top up their airtime, transfer money across the country, put money back into their savings and make micro loan payments, they are also working on pension payments.

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Hine pointed out that a good number of people do not have pensions hence mentioned that by providing this service, even if it is in small payments will somehow relieve the government.

He added that this service will also give people a sense financial control.

“It also gives people a sense of power, financial power and ability to control their own destiny,” said Hine.

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