Construction workers’ pension fund accepting higher contributions
After applying for Rule Amendments by the Registrar of Pension Funds under the auspices of the Namibian Financial Institutions Supervisory Authority (Namfisa), the Namibian Building Workers Pension Fund (NBWPF) now allows for higher monthly contributions from both members and employers. =In fact, the application to seek amendment of Rule 4 (Contributions) of the NBWPF’s Fund […]
Building workers’ pension fund optimistic for 2024
The Namibian Building Workers Pension Fund is optimistic about the next 12 months ahead. “We are indeed very excited about what the New Year is likely to bring. There seems to be many projects in the pipeline which will impact the construction sector positively. Although not all will materialise at once, at least the prospects of […]
Rule Amendments Opens Namibia Building Workers Pension Fund For Wider Membership
Pension benefits for workers and professionals in the construction industry are now available on a much broader scale, following changes to the rules of the Namibia Building Workes Pension Fund (NBWPF). At a breakfast meeting on Wednesday 26 July, the fund announced that certain critical rule amendments have been introduced to make the fund more […]