The Namibian government pension is a defined benefit retirement plan that has been in place since 1990. The pension is available to all citizens of Namibia who are at least 60 years old and have contributed to the plan for at least 10 years. The amount of the government pension is based on the number of years of contributions, with a minimum payment of N$1,000 (US$66) per month.

The government pension in Namibia

The government pension in Namibia is a great way to ensure that you have financial security in your retirement. The pension is available to all citizens of Namibia who are at least 60 years old and have contributed to the plan for at least 10 years. This means that whether you are a worker or a homemaker, you can receive this benefit. The amount of the pension depends on how much you have contributed over the years, but it is a substantial sum that can help make your retirement more comfortable.