Namibia Building Workers Pension Fund

Strong

Smart &
Secure Retirement

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Mission

To Support The Construction Industry

Seasoned and Seasonal worker for better tomorrow

Core Value

INTEGRITY.SECURITY.COMPASSION

Seasoned and seasonal worker for better tomorrow

Industry Expertise

Benefit from a pension fund designed specifically for the unique needs of the Namibian construction industry, ensuring relevant and specialised financial solutions.

Future Planning

With a commitment to stability and growth, our fund prioritises securing your financial future, providing a reliable path to a comfortable and worry-free retirement.

Benefit Packages

Explore personalised benefit packages crafted to cater to the distinct requirements of construction industry workers, offering a range of advantages to enhance well-being.

Member Support

From enrollment to retirement, our dedicated support team is committed to assisting you at every step, ensuring a smooth and informed journey towards financial security.

About Us

The Namibia Building Workers Pension Fund (NBWPF) is a defined contribution, non-commercial fund that operates as an approved umbrella pension fund for the Namibian construction industry. It was established with effect from 1 May 1990 through a Collective Agreement between the Construction Industry Federation of Namibia (CIF) and Metal and Allied Namibian Workers Union (MANWU) with the objective to provide retirement and other such related benefits to its members.

Board of Trustees

The Fund is administered by appointed Trustees made up of equal representatives of employees and employers in the sector. The Board of Trustees consist of six (6) persons and 1 alternate from each side, who shall hold office for a period of at most three years and will be eligible for re-election subject to a maximum of two terms. The Board of Trustees shall be led by the Chairperson who will have been appointed by Board of Trustees of the Fund.

EnwichKazondu

Executive Principal Officer

BenhardMumbashu

Chairperson (Employer Elected Trustee)

GordonGoeieman

Trustee (Employer Elected)

AngulaAngula

Trustee (Member Elected)

VictorHamunyela

Trustee (Member Elected)

RobinBruwer

Trustee (Employer Elected)

JustusShaende

Trustee (Member Elected)

OUR SERVICES

What we offer our members

All services

Retirement Benefits

According to the Fund rules, the Normal Retirement Age of your Fund is 60 years but you may voluntarily go on early retirement as from 55 years.

Resignation Benefits

If you leave your employment before normal retirement age, your Fund Credit/Fund Value will be paid out to you.

Disability Benefit

In case of total and permanent disability, after a 6-month period, members receive a lump sum benefit of up to N$50,000, equivalent to the benefit for death on the day of disability.

Death Benefit

If a Member dies while in service, then a lump sum benefit, N$ 50,000.00 will be paid with the fund credit within 12 months. It is the duty of Trustees to distribute the death claims.

Funeral Benefit

A funeral benefit of N$20,000 is payable within 48 working hours to the immediate family, as per the Rules.

Queries & Support

Get prompt and personalised support for all your inquiries through our Queries & Support Service.

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