N$218 MILLION IN UNCLAIMED PENSION BENEFITS
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More than N$218 million in unclaimed pension benefits could be sitting in institutional accounts while thousands of beneficiaries remain unaware that money is legally owed to them.
More than N$218 million in unclaimed pension benefits could be sitting in institutional accounts while thousands of beneficiaries remain unaware that money is legally owed to them.
Almost 16,000 Old Age Grant beneficiaries have been temporarily suspended from Namibia's social grants system after their names could not be verified in the National Population Registry System.
The Zambian government has started distributing feature phones to pensioners who are the elderly beneficiaries of financial support under the Social Cash Transfer.
The Government Institutions Pension Fund (GIPF) has approved a 5% increase in monthly pension benefits, effective 1 April 2026.
In a statement issued on Monday, the fund said the adjustment will apply to all pensioners, including qualifying spouses and child beneficiaries.
Social grant beneficiaries at Tsumkwe and surrounding villages have expressed dissatisfaction about the slow process of Nampost payments.
Nampost took over from Epupa Investment in October last year, and beneficiaries want that company to do their pay-outs.
Namibia Post Limited (NamPost) has issued a public apology to social grant beneficiaries and stakeholders following disruptions experienced during the initial phase of the National Social Cash Grant payment and reregistration programme.
With NamPost to officially taking over the distribution of social grants from 1st October, concerns have been raised about whether the Ministry of Finance will make provision for the beneficiaries residing in remote areas without them having to travel long distances.
First-time recipients of the N$600 Conditional Basic Income Grant (BIG) in Karasburg expressed joy at receiving government financial assistance.
The initiative, replacing the food bank, aims to reduce financial hardships for the unemployed and boost economic stability.
Farmers in Otjinene have received a much-needed boost to support their livestock and livelihoods after the Otjinene Constituency Office, through the Farmers Support Programme, donated 150 goats to local farmers.
The National Housing Enterprise (NHE) continues to make strides in making home ownership a reality for the less privileged members of the society.
The town of Ondangwa is the latest where NHE has delivered 64 houses constructed for N$20 million.