The Government Institutions Pension Fund (GIPF) launched its 2025 integrated annual report in Oshakati, Oshana Region.

During the launch, officials elaborated on fund growth, service delivery, member-centricity, sustainability, operational capacity, and performance in 2025.

The fund value grew 9% to N$182.1 billion in 2025, up from N$167.2 billion in 2024.

Active membership increased 5.9% to 105,593 from 99,722.

The fund received N$5.3 billion in contributions and disbursed N$6.4 billion in benefits.

GIPF Board Chairperson Penda Ithindi stated that 51% of assets are invested locally.

Benefits paid rose 1.7% to N$6.4 billion from N$6.3 billion. Net investment income grew 7.4% to N$16.7 billion, though this followed N$18 billion in 2024.

CEO Martin Inkumbi said the year focused on execution and impact: reliable benefit payments, modernised systems, and reforms improving members' lives.