GIPF conducts pre-retirement workshops
The Government Institutions Pension Fund (GIPF) plans to host pre-retirement workshops from 26 to 28 April at NIPAM in Windhoek, from 08:00 to 15:00 on each day.The aim is to prepare members between the age of 53 and 59 years, who are planning to go on early or normal retirement.
The workshops are part of an extensive member education campaign undertaken by the fund on an annual basis. Members are welcome to choose the date they wish to attend the workshop.
With members being the core of the fund’s business, it is pivotal that they are well informed regarding their benefits to ensure well informed decisions that are beneficial to them and their beneficiaries when on retirement. It is with this background that the below topics will be discussed:
• Overview of GIPF benefits
• Enjoying and loving retirement
• Retirement planning
• Overview of the PSEMAS medical aid benefits
• Individual queries and consultations
• Overview of GIPF Investments
Financially independent
According to Amos Kambonde, GIPF Manager for Marketing Services, the main aim of retirement planning is to ensure that this period of life is not stressful for the member or the family. He adds that GIPF envisions a generation of financially independent pensioners, and that the member’s pension alone might not be sufficient to ensure their financial independence at retirement, hence the need for additional savings.
“Members are always encouraged top up or save more towards retirement through various vehicles such as retirement annuities, unit trusts, and or fixed investment vehicles. We all know it is sometimes very difficult to save up elsewhere, but we do need to sacrifice for these additional
Savings,” he added.
The fund encourages members in the above-mentioned age groups to attend any one of three sessions. Follow and subscribe to our social media platforms listed below for the programme and feel free to share it.
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• Website: www.gipf.com.na