Windhoek: The Government Institutions Pension Fund (GIPF) on Thursday unveiled its 2025 integrated annual report, detailing the fund's financial and operational performance for the period ending 31 March 2025. The report provides a comprehensive account of how the fund managed members' contributions and reflects its long-term value creation strategy.

According to Namibia Press Agency, GIPF Chief Executive Officer Martin Inkumbi emphasized that the report underscores the fund's commitment to accountability, transparency, and member-focused innovation. He highlighted the fund's system modernization initiatives aimed at enhancing service delivery and operational efficiency to ensure sustainable value for members.

Chairperson of the Board of Trustees, Penda Ithindi, reported strong results for the period under review, driven by consistent contributions and sound investment performance. The fund received N.dollars 5.3 billion in member and employer contributions and paid out N.dollars 6.8 billion in benefits to members and dependants.

The GIPF achieved a fund solvency ratio of 119.69 per cent, a benefits-to-contribution ratio of 128.6 per cent, and a cost-to-serve ratio of 1.83 per cent. Additionally, the fund secured investment returns of 10.6 per cent, resulting in a net investment income of N.dollars 17 billion.

Ithindi further highlighted that the fund exceeded the domestic asset requirement, reinforcing its role in the local economy. As of 31 March 2025, 50.6 per cent of the fund's assets under management were invested locally, surpassing the unchanged domestic asset requirement of 45 per cent. This translated to a total of N.dollars 92 billion invested within Namibia, underpinning substantial investment in the country's economy.