GIPF CEO David Nuyoma

GIPF barks the trend on increments

GIPF barks the trend on increments

Martin Endjala The Government Institutions Pension Fund (GIPF) today announced a 4.62 percent increase for its pensioners effective from 1 April 2022. This was said in a statement by the Marketing and Stakeholders Engagement Officer of GIPF. The increment was necessitated by the volatile economic situation, fuel and commodity price increments in the country. The 4.62 percent hike for this year, shows a slide improved of just above one percent compared to last three percent. “A pension increase serves to cushion pensioners from unexpected change in their purchasing power hence, the incessant ability to increase members’ benefits annually”, the media…
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