Government Institutions Pension Fund (GIPF)

25 Jun

GIPF embarks on member Education campaign

ObserverUncategorisedGIPF, Government Institutions Pension Fund (GIPF)

Staff Writer The Government Institutions Pension Fund (GIPF) will embark on a member education campaign aimed at informing, educating and sensitizing our members about their benefits and rules of the Fund “The campaign will commerce on 29 June and will run until 31 July 2020. It is with great pleasure that we invite all our members to make use of these member information sessions on radio and print. We wish to emphasize that it is our members’ responsibility to make sure that they tune in and listen or buy the local newspapers to know more about GIPF offerings. As a…

29 May

GIPF adequately funded for any eventualities

ObserverObserver MoneyFinance Minister Iipumbu Shiimi, Government Institutions Pension Fund (GIPF)

Staff Writer The Government Institutions Pension Fund (GIPF) says it’s in a position to pay all pension benefits due to its members in the public service in the event government considers retrenchment as a means to save on its ballooning wage bill. This comes as Finance Minister Iipumbu Shiimi in his maiden budget statement on Wednesday raised concern about the unsustainable government wage bill in light of declining revenues. “In the event that government decides to retrench members of the public service we are in a position to honour any accumulated liabilities due to members. The Fund has adequate assets…