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 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 Challenges include outdated contact details and incomplete documentation.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 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 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
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 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
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
