Namibia: Building Workers Pension Fund Calls for Benefits to Be Claimed

The Namibia Building Workers Pension Fund, an umbrella fund for the construction sector, is encouraging pensioners and their beneficiaries to claim their pension benefits.

This is as the Namibia Financial Institutions Supervisory Authority says the retirement fund industry in Namibia saw a total of N$218.7 million in unclaimed pension benefits by pensioners and their beneficiaries in 2023.

This is lower than the N$229.1 million reported in 2022.

The fund’s principal officer, Enwich Kazondo, says…