Regulatory Alerts2026-07-08
Added
Pension Funds and Retirement Annuity Funds Annual Levies
All registered pension and retirement annuity funds must pay annual levies to the Namibia Financial Institutions Supervisory Authority for the levy year commencing April 1, 2005, and ending March 31, 2006. Pension funds are required to pay a basic levy of N$250.00, an additional levy of N$12.00 per member and per person receiving regular periodic payments, and an extra N$100.00 per participating employer under umbrella schemes. Retirement annuity funds must pay a basic levy of N$250.00 and an additional levy equal to 0.005% of the fund's asset value as of the end of the preceding year.
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