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 13
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 11
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 33
insert_link Business / Economics 12 April 2024 Morning Biz News: GIPF’s ESG Investments, WeBuyCars IPO, Oil Price Surge, and Currency & Commodity Updates GIPF Ventures into ESG Investments: The Government Institutions Pension Fund (GIPF) is diversifying its investment portfolio by exploring opportunities in Environmental, Social, and Governance (ESG) sectors. With a focus on sustainable development, GIPF aims to collaborate with fund managers whose policies align with ESG principles. Targeting initiatives like SDG Namibia One and green climate fund managers, GIPF emphasizes its commitment to responsible investing. WeBuyCars Makes Splash on JSE: South African […] todayApril 12, 2024 17
insert_link Local GIPF hosts responsible investment symposium. The Government Institutions Pension Fund (GIPF) is hosting a Responsible Investment Symposium (RIS) on 11 and 12 April 2024 in Windhoek. This unique event is dedicated to challenging thinking, broadening horizons, and engaging in honest debate about the relevance and practical impacts of the Responsible Investment and Environmental, Social and Governance (ESG) landscape and the Fund’s shared mandates. Leading partners, policymakers, investors, and expert specialists discuss pertinent issues […] todayApril 11, 2024 17
Local GIPF embarks on regional stakeholder engagement forums The Government Institutions Pension Fund (GIPF) undertook a Regional Stakeholder Engagement Forum to enhance member education initiatives. The targeted member engagement platform provided information on topical Fund related issues such as an overview of the Fund’s rules and procedures, admissions to the Fund, benefit statement enquiries, GIPF complaints handing processes, income tax and pension and financial literacy. The forum hosted on 6 March 2024 at the Blue Whale Hotel in […] todayMarch 8, 2024 16
insert_link Business / Economics Executives divided on 4-day work week trial Namibia is set to launch a pilot program for a 4-day work week, starting in April 2024, for a six-month trial period. Globally, talks around the four-day workweek were first reignited by the COVID-19 pandemic, with workers and employers rethinking the importance of workplace flexibility and benefits. Executive Chairperson of the Ohlthaver & List Group, Sven Thieme does not agree with a 4-day work week. However, Government Institutions Pension Fund's […] todayFebruary 20, 2024 35
insert_link Local GIPF Board of Trustees appoints new Chairperson and Vice-Chairperson. The Government Institutions Pension Fund (GIPF) is proud to announce the appointment of Penda Ithindi as the GIPF Board of Trustees Chairperson and Evans Maswahu as Vice-Chairperson effective 01 January 2024 to 31 December 2024. The Fund heartily congratulates Ithindi and Maswahu on their new appointments and wish them well in their tenure of leadership. Penda Ithindi brings extensive experience in economics, capital markets/investments, with a substantial background in […] todayDecember 15, 2023 5
insert_link Opinion Pieces Can I borrow from my pension? By Amos Kambonde, Manager Marketing Services at the Government Institutions Pension Fund The question of whether to borrow from one’s pension or not is one of the questions many members of pension funds ask regularly. Section 19(5) of the Pension Fund Act, 1956 (Act No. 24 of 1956) makes provision for members of pension funds to borrow either directly or against their pension fund savings for the purpose of purchasing […] todayNovember 30, 2023 20
