Pension-Backed Home Loan

    The Government Institutions Pension Fund (GIPF) is preparing to implement its long-awaited Pension-Backed Home Loan Scheme (PBHLS), following approval from the Ministry of Finance. Under the initiative, active GIPF members will be able to use a portion of their pension savings as collateral to access home loans, a significant step toward improving affordable housing access for civil servants. Finance Minister Ericah Shafudah announced the scheme's formal endorsement in […]