this blog post willg to the pension fund department
THE USE OF ADDITIONAL VOLUNTARY CONTRIBUTIONS OR OTHER PRODUCTS TO BOOST YOUR RETIREMENT INCOME ue to the advancement in medicine, today the average person is expected to live longer than in the previous century. On the other hand, one’s productive (working) period is usually limited to one’s employable years. In Namibia the average retirement age Read more about PENSION FUND[…]
In the modern working environment, many companies provide their employees with the opportunity to save a portion of their current income in a pension, in preparation for retirement. The employee’s contribution is normally accompanied by an employer contribution. Employees may also make additional voluntary contributions to supplement their savings, and together these contributions amount to Read more about PRE- RETIREMENT OPTIONS AVAILABLE TO AN INDIVIDUAL[…]
Many companies offer the benefit of a retirement fund to their employees. In short, a retirement fund is an investment vehicle specifically set up to provide an income to an individual upon retirement. Monthly contributions, both by the employer and employee are invested in different assets, the value of which accumulate over the working lifetime Read more about Payment of pension fund benefits: What you should know[…]
INTRODUCTION NAMFISA’s Complaints Department receives and handles a number of complaints on a daily basis. These complaints are dealt with according the normal complaints handling procedures in the Department. The following areas have been identified as requiring special attention focus by the consumers of financial services as they have featured in the complaints received during Read more about FOCUS AREAS COMPLAINTS[…]