Tag: Retirement

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Seven reasons to invest in a retirement annuity policy
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Seven reasons to invest in a retirement annuity policy

Your retirement can be an exciting and fulfilling time in your life. A time to do the things you always dreamed of doing. Things you did not have the time to do before. Like spending more time with family and friends, seeing the world, helping others, taking up a new hobby, and spoiling the grandchildren....

Schimming-Chase to head retirement fund board
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Schimming-Chase to head retirement fund board

Afra Schimming-Chase has been appointed as Benchmark Retirement Fund’s new chairperson. She has been a member of the fund’s board since 2011. Schimming-Chase has served as the chairperson of the death claims committee in the past. She says she aims to ensure the fund lives up to its motto of being efficient, trusted and Namibian....

Family of residents at Altersheim Retirement Village urged to visit
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Family of residents at Altersheim Retirement Village urged to visit

The Altersheim Retirement Village in Otjiwarongo is encouraging family and friends of its residents to visit them as often as possible. The Retirement Village cares for elderly residents and assists them with all their needs. The elders are kept busy in an artistic way, usually sitting near the fish pond and painting. They also do...

The Competence of Retirement Fund Trustees
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The Competence of Retirement Fund Trustees

Employees who are members of any retirement (pension or provident) fund may find it depressing to learn that their fund has been misappropriated, with the possible result of not getting benefits when leaving the fund or retiring. Among other potential outcomes, inefficient governance may result in the retirement fund suffering financial losses from bad investment...

Preservation retirement fund still unwelcome
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Preservation retirement fund still unwelcome

The working class of Keetmanshoop, Aroab, Tses, and Berseba have rejected a draft regulation to preserve retirement benefits.  It is proposed in the new Financial Institutions and Markets Act (FIMA), governing pension funds, that at least 75% of a pension must be retained as retirement savings until the retirement age of sixty. This means they...