The Government Institutions Pension Fund (GIPF) has announced that it will suspend monthly benefit payments in March 2023 to all pensioners, spousal and children beneficiaries who have not enrolled on the Fund’s new biometric enrollment system by February 28, 2023.
“This will also affect all members who entered retirement at the end of January 2023,” said Edwin Tjiramba, GM of Marketing and Stakeholder Engagement.
This decision comes after the Fund launched the new biometric enrollment and verification system on August 1, 2022, and has been conducting a nationwide outreach program to raise awareness and enroll pensioners and affected beneficiaries to secure their monthly pension benefits going forward.
According to the GIPF CEO and Principal Officer, David Nuyoma, “Enrollment on the biometric system is crucial to ensuring that the Fund pays benefits to the rightful beneficiaries and on time. On average, the Fund pays N$220 million per month in pension benefits and fully understands the safety net this provides to many Namibian families.”
