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Namibia: Unclaimed benefits of N$229 million in construction industry, notes pension fund – News

Namibia: Unclaimed benefits of N9 million in construction industry, notes pension fund – News

Africa Links 24 with Matthew Palata
Published on 2024-11-02 09:56:20

The Namibia Building Workers Pension Fund (NBWPF) says pension benefits totaling N$229.1 million remain unclaimed from 2022.

According to a NBWPF report, this is approximately 2 500 unclaimed benefits.

The report reveals that a large number of unclaimed benefits are in the construction sector.

NBWPF executive principal officer Enwich Kazondu says one of the biggest challenges is members who exited the fund becoming untraceable, despite efforts to reach them. In addition, some members have not…

Read the Full article on The Namibian

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