By Business Reporter
THE Retirement Fund for Local Authorities and Utility Services (RFLAUN) has called on its pensioners to submit their certificate of existence forms.
The main objective of the certificate of existence exercise is to effectively manage the pensioner’s money by verifying the pensioners living status, and to continue paying the pension benefit.
“It is important that the forms are completed and submitted to the Fund before the 30th of June every year,” Julianus Rukamba, Senior Officer: Information and Marketing at RFLAUN said last week.
As part of the pension benefit, the Fund offers monthly pension pay-outs to former employees of participating employers that have retired in the Fund.
“The certificate of existence exercise ensures that the pension benefit is paid to the correct receiver. Failure to prove existence will result in the pension payment suspension. The certificate of existence forms have been mailed in March 2018 to all of the pensioners for completion. In addition to this, the pensioners who do not have the form can contact the Funds’ office, and the forms are also available on the Funds’ website (www.rflaun.com.na),” Rukamba added.
RFLAUN was established in 1992 as a defined contribution Pension Fund in terms of the Pension Funds Act, No24 of 1956 with a mandate of contributing to the socio-economic up-liftment of the current and former employees of all participating local authorities and their associated entities.
The fund also looks to keep the Fund’s mission at heart which is, “to effectively and efficiently invest, manage and administer benefit funds on behalf of our members, pensioners and dependents, towards dignified living standards.”
“Customer service is embodied within the corporate values of the Fund and RFLAUN is committed to bring this value to life through stakeholder education.
“The Fund wishes to remind all its pensioners that the proof of existence period ends on 30th of June every year and appreciates those that have already submitted their forms to avoid suspension. RFLAUN would like to encourage youthful Namibians to spread the message to our elderly citizens,” concluded Rukamba.
Confidente. Lifting the Lid. Copyright © 2015