GIPF approves 4% increase in monthly pension benefits
Pension hike
The decision for the 4% increase was thus taken after a thorough actuarial due diligence that considered the Fund's average annual return over the last five years, the current and future liabilities, and the assets of the Fund, the GIPF explained.
The Government Institutions Pension Fund (GIPF) this week announced a pension benefit increase of 4%, effective 01 April 2025 for all GIPF pensioners, qualifying annuitants, spousa...
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