GIPF announces five per cent income increase to beneficiaries

Contributed by NAMPA.

WINDHOEK, 26 APR (NAMPA) – The Government Institutions Pension Fund (GIPF) has announced a five per cent income increase for active annuitants, pensioners, spouse, and child benefits, as well as for disabled members, effective 01 April 2024.
Pensions and disability income that have been in existence for a year or more are eligible for the full five per cent increase, while those that have been in place for less than a year are eligible for a pro-rata increase based on the number of months the pension ...