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Because the lifestyles you want tomorrow start with the choices you make today

Because what you leave behind begins with the decisions you make today

Because excellence tomorrow is built on the commitment you show today

Invest In Your Retirement

Build a Lasting Legacy

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About Debswana Pension Fund

Who is DPF?

The Debswana Pension Fund (DPF) is a defined contribution pension Fund established in 1984 as a trust through a joint initiative between, DE Beers Botswana Mining Company (now Debswana), Anglo American Corporation Botswana (Pty) Ltd and De Beers Prospecting Botswana (Pty) Ltd. The primary purpose of the Debswana Pension Fund is to meet future benefit obligations to members as defined by the rules of the fund, earn positive investment returns on member funds and remain financially sound.

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Annuities

Annuities provide pensioners with a steady and reliable income during retirement, ensuring financial security and peace of mind. At Debswana Pension Fund, we understand that retirement is a significant life transition , and choosing the right annuity is key.

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E-Briefs

Debswana Pension Fund prides itself on a sparkling investment performance history, as noted in the statistics below. Prior to the year 2004, the DPF investment strategy was based on a smoothed return process. Under this strategy, members were awarded bonuses.

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Forms

We provide our members and stakeholders with quick and easy access to important Fund forms. Whether you’re updating your personal details, applying for benefits, or making contribution changes, you can download the relevant forms here.

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Participating Employers

Debswana Pension Fund serves employees within the De Beers Group of Companies and other affiliated organisations, and is committed to safeguarding their workforce's financial well-being.

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Trustees

The Board of Trustees is elected in accordance with the Fund Rules. Currently, there are nine Principal Trustees, four of whom are employer-appointed and the other five are member-elected.

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Projection Calculator

The Projection Calculator is an interactive tool designed to help members estimate their potential retirement benefits based on their current contributions and years of service.

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Membership Card

Enjoy the benefits of personalized retirement solutions, transparent account management, and expert financial guidance every step of the way.

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12 566

Total Members

P11.5bn

Total Value of Assets

P3.1bn

Total Value of Liabilities

News & Updates

Jan 19, 2026

From the CEO's Desk

Apr 09, 2025

Market Lekgotla

Jan 01, 2025

CEO Announcement

Sep 11, 2024

Debswana Pension Fund Pensioner Conference 2024

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Here's some frequently asked questions

Get the answers you are looking for about Debswana Pension Fund

Are there any fees charged by the DPF for making AVCs?

DPF does not charge any transaction fees for accepting AVCs. The usual investment management fees apply based on the investment pool selected. Normally, the investment cost per member is charged against the gross unit values/investment returns earned, with the net amount credited or debited to your account monthly, depending on investment performance.

Does AVC have any age restrictions?

No, you can contribute to AVC at any age as long as you are an actively employed member of the Fund.

What happens to my AVC when I leave formal employment?

At retirement or when you cease participation in the Fund, your employer contributions and AVC funds are merged into one account. These funds can be used for lump-sum withdrawals or to purchase an annuity/pension, depending on your exit type. Any cash withdrawals from your fund credit before retirement are subject to income tax. Pensioner annuities/ salaries are taxed based on the applicable tax deduction thresholds at the time.

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