insert_link Business / Economics GIPF Announces Tax Relief Refunds for Pensioners and Beneficiaries The Government Institutions Pension Fund has confirmed that tax-paying pensioners, as well as spousal and child beneficiaries, will receive their tax relief refunds on 28 November. This is in line with the provisions of the Income Tax Amendment Act, ensuring that eligible recipients benefit from the updated tax regulations.. General Manager, Marketing and Stakeholder Engagement at the GIPF: Edwin Tjiramba todayOctober 2, 2024 28
insert_link Local GIPF investments: Why we do what we do By Conville Britz, General Manager, Investments - Government Institutions Pension Fund The Government Institutions Pension Fund (GIPF) stands as the single largest investor in Namibia's economy, significantly contributing to socio-economic development across the country’s 14 regions. By injecting capital into sectors beyond the traditionally dominant mining industry, GIPF plays a crucial role in enhancing Namibia's economic landscape. Central to GIPF's investment philosophy is a commitment to creating tangible […] todaySeptember 23, 2024 8
insert_link Opinion Pieces Stakeholder contribution towards pension fund operational efficiency Pension funds are essential for the responsible management and safeguarding of members' retirement savings, providing peace of mind through robust communication and awareness efforts. These savings offer financial security, independence, and stability upon retirement, disability, ill-health, and death, while also serving as a cushion in cases such as retrenchment. For pension funds to operate efficiently, contributions must be managed responsibly within regulatory and legislative frameworks, with a focus […] todaySeptember 17, 2024 8
insert_link Namibia GIPF Identifies 155 Members with Unclaimed Benefits, Enhances Outreach Efforts The Government Institutions Pension Fund has found 155 members with unclaimed benefits, often due to resignation or incomplete documentation. The exact value of these benefits is unclear because of the fund's pooling system. GIPF is addressing the issue through regional outreach and media campaigns, and is transferring unclaimed benefits to the Guardian’s Fund. Challenges include outdated contact details and incomplete documentation. Members are advised to contact GIPF directly, as no […] todayAugust 28, 2024 9
insert_link Local The Government Institutions Pension Fund (GIPF) cautions its members on a recent scam attempt The Government Institutions Pension Fund (GIPF) has issued a warning to all its members, annuitants, spousal, and children beneficiaries regarding a recent scam attempt. The fraudulent scheme involves fraudsters instructing GIPF clients to visit GIPF offices to claim money, a tactic used to deceive and exploit members. GIPF is urging all members to be cautious and safeguard themselves against these fraud attempts. Members are advised not to engage with […] todayAugust 23, 2024 9
insert_link Local GIPF to Offer Wellness Screening Services to Members During Ongwediva Annual Trade Fair 2024 The Government Institutions Pension Fund (GIPF) is thrilled to participate in the upcoming Ongwediva Annual Trade Fair (OATF) from August 23 to 31, 2024. The Fund will offer a wide range of services to its active members, pensioners, spousal and children beneficiaries, including biometric enrolment and verification, membership status updates, pension benefits, claim procedures, and submission and claims status. Members can also obtain benefit and income statement printouts and […] todayAugust 19, 2024 10
insert_link Business / Economics Weekly Economics Wrap: 18-July 25, 2024 Namibia Pension-Backed Housing Loans: The Government Institutions Pension Fund (GIPF) is advancing plans for a pension-backed housing loan scheme. The initiative will leverage its subsidiary Kuleni Financial Services and housing loan fund manager First Capital Treasury Solutions. A Memorandum of Agreement is under review by the Office of the Prime Minister, as reported by The Brief. Coastal Desalination Project: NamWater and Husab Mine are set to achieve financial closure […] todayJuly 25, 2024 16
insert_link Business / Economics 24 July 2024 Morning Biz News: Financial Brief: Key Updates on Pension Schemes, Currency Movements, and Commodities GIPF’s Pension-Backed Housing Loan Scheme Gathers Momentum The Government Institutions Pension Fund (GIPF) is poised to enhance its financial offerings with an innovative pension-backed housing loan scheme. This initiative will be facilitated through GIPF’s subsidiary, Kuleni Financial Services, and housing loan fund manager, First Capital Treasury Solutions. The Memorandum of Agreement (MoA) for the scheme is currently under review by the Office of the Prime Minister, as reported by The […] todayJuly 24, 2024 22
insert_link Namibia GIPF Holds Millions in Unclaimed Benefits And Urges Members to Claim Funds The Government Institutions Pension Fund has revealed that it currently possesses "millions" in unclaimed benefits intended for members who have departed from the fund and no longer hold employment. GIPF reports that around 176 members still need to collect their benefits, which are categorized as "unclaimed" under the fund's regulations. Edwin Tjiramba- GIPF's spokesperson. todayJune 19, 2024 28
