THE RETIREMENT FUND FOR LOCAL AUTHORITIES & UTILITY SERVICES IN NAMIBIA (RFLAUN) 2020-10-02T10:43:07+00:00

Project Description

THE RETIREMENT FUND FOR LOCAL AUTHORITIES & UTILITY SERVICES IN NAMIBIA (RFLAUN)

REST ASSURED THAT WE ARE THERE FOR YOU ALWAYS!

MANDATE:
Registered as a Define Contribution Pension Fund in Namibia. The Fund is regulated under the laws of Namfisa Act 2001, Pension Fund Act 1956, Income Tax Act 1981 and the Financial Institutions Act.

ESTABLISHMENT / HISTORY:
The Retirement Fund for Local Authorities & Utility Services in Namibia (RFLAUN) was established in 1992 in terms of the Pension Funds Act, No24 of 1956 to contribute to the socio-economic upliftment of the current and former employees of all participating local authorities and their associated entities through:

  • the provisions of savings for their retirement;
  • the provision of disability benefits;
  • the promotion of other benefits such as housing loans as provided for in the rules of the Fund; and
  • to promote the welfare of dependents in the event of a members passing away through the provision of market related death benefits

RFLAUN’S VISION:  To be the trendsetting Fund of choice.

RFLAUN’S MISSION:  To effectively and efficiently invest, manage, and administer benefit funds on behalf of our members, pensioners and dependents, towards sustaining dignified living standards

RFLAUN’S VALUES:  Accountability, Integrity, Security, Growth, and Service Excellence

RFLAUN’S BENEFIT OFFEREND UNDER THE FUND:

  • Retirement/Pension Benefit
  • Funeral Benefit
  • Death Benefit
  • Dread Diseases Benefit
  • Housing Assistance
  • Disability Benefit
  • Withdrawal Benefits

GOVERNMENT STRUCTURE (TRUSTEES APPOINTMENT)

THE RETIREMENT FUND FOR LOCAL AUTHORITIES & UTILITY SERVICES IN NAMIBIA (RFLAUN)

Tel: +264 61 423 700

Fax: +264 61 423 701

Email: info@rflaun.com.na

Website:  www.rflaun.com.na

Office Location:

Membership Size:

  • 47 Participating Employers
  • 4 722 Active Members
  • 1 754 Pensioners

Asset Value:

  • As at 31 August 2020 – N$ 5 121 228 867

Asset Managers:

Listed Fund Managers:

  • Allan Gray Namibia
  • Namibia Asset Management Limited Nighty One Namibia
  • Prudential Portfolio Managers Namibia Old Mutual
  • Capricorn Investment
  • Sanlam Namibia
  • Stalib Namibia

Unlisted Fund Managers:

  • EOS Capital
  • Capricorn Investment
  • IJG
  • Old Mutual Midina