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. 

President Netumbo Nandi-Ndaitwah last year announced that the old-age pension grant would be increased incrementally to N$3,000 per month, meaning the amount would rise in stages over a period of time rather than through a single immediate adjustment.