GIPF assures members homes are safe under pension-backed housing scheme
Photo contributed The Government Institutions Pension Fund (GIPF) has reassured its members that they will not lose their homes if they are unable to fully repay loans under its new pension-backed housing finance scheme. The assurance follows concerns that the initiative could expose retirees to the risk of property repossession. GIPF chief executive Martin Inkumbi says the structure of the scheme is designed to protect members’ primary residences while remaining […]