GIPF CEO and Principal Officer

Staff Writer The Government Institutions Pension Fund (GIPF) has announced a 3 percent pension benefit increase, effective 01 April 2021 for all GIPF pensioners. The decision according to the fund, is aimed at cushioning pensioners against touch economic conditions in the country, which have in turn eroded consumer’s purchasing power. “Amidst the current volatile economic outlook, the Fund continues to provide guaranteed benefits to members. A pension increase serves to cushion pensioners from unexpected changes in their purchasing power and hence the incessant ability to increase members’ benefits annually is driven by the Fund’s collective commitment to guard and grow…