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 Challenges include outdated contact details and incomplete documentation.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 8
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 6
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 7
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 15
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 26
insert_link Local 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 […] todayJune 18, 2024 12
insert_link Local GIPF hosts pre-retirement workshop for Windhoek based members The Government Institutions Pension Fund (GIPF) is hosting a three-day pre-retirement workshop for its Windhoek based members. The workshop is taking place from 14 to 16 May 2024 at the Namibian Institute of Public Administration and Management (NIPAM). GIPF members may attend the workshop on one of the three days between 08h00 and 16h00. The targeted member engagement provides an opportunity for all GIPF members aged between […] todayMay 15, 2024 9
insert_link Namibia Government Institutions Pension Fund increases pension and disability income benefits The Government Institutions Pension Fund announced pension and disability income benefits increases. The Board of Trustees took this decision after a thorough actuarial due diligence process and in consideration of various factors such as the inflation rate, cost of living, reasonable benefit expectations of its active annuitants, affordability on the part of the Fund and the average annual return over the last five years, as well as the current and […] todayApril 29, 2024 30
