14
Jul
Justicia Shipena Members of the Government Institutions Pension Fund (GIPF) will not be allowed to use their pension savings to pay for weddings. GIPF chief executive officer Martin Inkumbi confirmed this during a press conference on the pension-backed home loan scheme (PBHLS), held on Monday. He said pension savings may also not be used for business ventures or any other non-housing-related expenses. “A member can access that money to finance their wedding; it is not allowed, and we unfortunately will not be able to allow the member to access money for that purpose, nor for other purposes, even including businesses,…