GIPF to trace beneficiaries
The Government Institutions Pension Fund (GIPF) this week announced the start of its beneficiaries tracer campaign. According to its Chief Executive Officer David Nuyoma, approximately 12,000 individuals non-active beneficiaries will have to be located, with N$1.2 billion set aside in reserves to deal specifically with the issue.
Speaking briefly this week, Nuyoma said, “one of the most painful realities we are grappling as a fund is the increasing list of unclaimed benefits in the fund. The objective of this campaign is to reduce the list of unclaimed benefits to zero and we believe that together with stakeholders this milestone will be achieved. At this juncture we wish to clearly state that our mandate to distribute benefits to all who are entitled remains supreme and we shall relentlessly improve our administrative capacity to ensure consistent service delivery”.
Although the campaign was launched in 2014, it did not yield the desired result thus leading to a need to launch the campaign yet again, an issue Nuyoma was an issue close to the heart of the Government Institutions Pension Fund.
Outlining the way forward, Nuyoma promised that the Government Institutions Pension Fund would aggressively move about as it intends to identify its non-active beneficiaries. “we have printed the names of all affected beneficiaries which we intend to distribute to information points, country wide. Our first call goes to all government ministries, offices and agencies to further distribute this publication to employees to identify names of their loved ones. In the same vein we wish to appeal to our media stakeholders to assist in publicising this information campaign for the benefit of our communities.
Added Nuyoma, “in the meantime the Fund will embark upon a road show using our “Pension on Wheel” Mobile Van to engage communities and share this list and other related information of the Fund. We wish to partner up with Regional as well as Political Constituency offices to assist with the identification of beneficiaries within their respective areas of jurisdictions. The Fund also values the relationship it has with traditional authorities and we are of the view that we should engage these structures for the purpose of tracing our beneficiaries”.