Thursday 31 August 2023

Unclaimed Monies in the Namibian Financial Sector

 

List No. 4 is being released on 1 September 2023

All  Pension Funds in Namibia must in the month of January each year publish statements of benefits that have remain unclaimed for a period of five years or more in terms of section 93(1) of the Administration of Estates Act, 1965 (Act No. 66 of 1965) in the Government Gazette.


NAMFISA has noted in 2019 that not all funds have been publishing these lists as required and is busy enforcing this. 


Several funds are using the Consumer Registration Database of over 1 million records and have had some success in tracing these members or their beneficiaries. A database has also been created to capture all the data from thepublishezd Gazettes since the early 1970’s. It is expected that by February 2023, this database will be available to the public.


You can search to see if you or your family are beneficiaries of unclaimed monies:

GIPF: https://www.gipf.com.na/member-benefits/unclaimed-benefits/

Sanlam: 


  1. https://milton-louw.blogspot.com/2022/11/unclaimed-monies-newsletter-no-1-of.html 
  2. https://milton-louw.blogspot.com/2022/11/unclaimed-monies-newsletter-no-2-of.html 
  3. https://milton-louw.blogspot.com/2022/11/unclaimed-monies-newsletter-no-3-of.html 


Due to so much interest in the Unclaimed Monies lists, there is now a form for you to register and see if there is unclaimed money for you.

https://forms.gle/J7r6Cbjnv2gwwY1u9