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GIPF takes member education to the Omaheke Region

The Government Institutions Pension Fund (GIPF) is a defined pension Fund that provides guaranteed pension benefits to its large membership base. As a government pension fund, membership to the fund is compulsory, as such GIPF has the mandate to make sure that its members are knowledgeable about their benefits and how the Fund operates.

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What happens the day after?

The CEO of the Government Insurance Pension Fund (GIPF), David Nuyoma made a comment this week that needs to be repeated. He said, “The GIPF will not be making any rushed investment decisions [due to the virus].” This wisdom needs to be injected into our Covid-19 mitigation ideas and plans right now. Programs must not be entered in a rush of ‘doing something’ about Covid-19. When the virus emergency passes, as it eventually will, the after crisis recovery could be worse for the already-stressed Namibian economy.

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