BREAKING: Pensioners to receive N$100 increase
Minister of finance Ericah Shafudah has announced a N$100 pension increase effective 1 April. This means pensioners will now be earning N$1 700 compared to the current N$1 600. She made the announcement during the tabling of the national budget on Thursday. The increase will be financed through the N$12.9 billion allocated to the Ministry […] The post BREAKING: Pensioners to receive N$100 increase appeared first on The Namibian.
Black News 
Minister of finance Ericah Shafudah has announced a N$100 pension increase effective 1 April.
This means pensioners will now be earning N$1 700 compared to the current N$1 600.
She made the announcement during the tabling of the national budget on Thursday.
The increase will be financed through the N$12.9 billion allocated to the Ministry of Finance.
“The Ministry of Finance received a N$12.9 billion allocation for the 2026/27 financial year, of which N$447 million is to cater for a N$100 increase in pension for the elderly,” said Shafudah.
Meanwhile, N$58 million has been allocated to the improvement of the remuneration structure of political office bearers, and N$140 million to contingency provisions.
Over the medium-term expenditure framework, the ministry will receive an allocation of N$39.2 billion.
The post BREAKING: Pensioners to receive N$100 increase appeared first on The Namibian.
