Unclaimed benefits for 176 GIPF members: an urgent call to action

Unclaimed benefits for 176 GIPF members: an urgent call to action

The Government Institutions Pension Fund (GIPF) provides various benefits to its members, such as Normal Retirement, Early Retirement, Resignation (also applicable to dismissals), Retrenchment, Disability benefit, Ill-Health Retirement, Death, and Funeral benefits. These benefits are due when a member is no longer employed and exits the Fund. Currently the GIPF holds millions in what is referred to as unclaimed benefits. Every staff member of a participating […]

June 18, 2024 17

Namibia

Namfisa wants collaborative solutions for consumer complaints

The Namibia Financial Services Supervisory Authority has received complaints from consumers mainly related to payment disputes, overcharged interest, non-payment of pension benefits, funeral benefit rejections, and non-payment of refunds or lapsed policies. NAMFISA spokesperson Victoria Muranda.

December 20, 2023 35