GIPF informs on current services

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The Government Institutions Pension Fund (GIPF) is holding a week-long stakeholders' engagement forum to offer the latest updates on the company's recent undertakings, which include the introduction of new devices to be installed in all constituencies.

In addition to this, the forum will address crucial areas such as housing, financial education, pension literacy, and guidance on income tax filing.

GIPF warns public on scammers

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The Government Institutions Pension Fund (GIPF) has warned the public to be wary of scammers soliciting personal financial information from its members in order to access their money.
In a press release issued on Monday, GIPF stated that the goal is to obtain members’ personal information in order to access their money.

GIPF launches institution's Responsible Investment and Active Ownership Policy

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Environmental, social, and corporate governance issues are financially relevant and can improve the risk-adjustment performance of any given company's investment portfolios.

The Chief Executive Officer of the Government Institution Pension Fund (GIPF), David Nuyoma, highlighted this at the launch of the institution's Responsible Investment and Active Ownership Policy in Windhoek.

Nuyoma noted the Fund's Trustees recognized the need to enhance and value their investment process by adopting the Responsible Investment and Active Ownership Policy.

GIPF suspends Vabiola Aobes, Eugene Smith implicated in defrauding the Fund

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The Government Institutions Pension Fund (GIPF) has suspended Vabiola Aobes and Eugene Smith who are implicated in defrauding the Fund of over N$17 million.

The two are accused of forging bank confirmation letters for orphaned beneficiaries.

In a sworn statement, the Fund's manager for Annuities, Ignatius Manyando, says that he received an enquiry from the Otjiwarango regional office in July this year about a beneficiary who claimed not to have received her pension payout.

GIPF holds groundbreaking ceremony for new office in Oshana

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A groundbreaking ceremony for the construction of a new office for the Government Institutions Pension Fund (GIPF) took place at Ondangwa in the Oshana Region.

GIPF, the largest pension fund in Namibia, procured land for the construction of a new office complex at Ondangwa, which will be constructed at a cost of N$38.3 million.

GIPF has a membership base of close to 146, 000 active and annuitant members countrywide.