01 July 2011
The Fiji National Provident Fund Board has declared a 5.25 per cent interest for the financial year ending 30 June 2011 with an estimated $135 million payout to members’ accounts.
FNPF Chief Executive Officer Mr Aisake Taito said the interest will be credited to members’ accounts on Thursday night (June 30).
“This is an indication of our commitment to providing value for our members. Despite the economic challenges faced in the year, we are pleased to be able to announce a relatively higher positive return,” Mr Taito said.
Last year (FY10), the Fund paid out an interest of five (5) per cent totaling $121 million in payout to its members.
In addition, the Board has approved that the Special Death Benefit (SDB) cover be retained at $8,500, with the premium fixed at $35. The premium will be deducted from members’ accounts on Friday, July 1, 2011.
The SDB is a benefit that is added on to members’ balances and paid out to nominated beneficiaries upon a member’s death before he/she reaches the age 55 or retirement.
Mr Taito assured members that the Board, Management and staff are committed to their fiduciary duty of growing and protecting members’ funds for their financial security on retirement.
News Archive
May
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04/05/2012:
FNPF Delivers Promise Made to All Its Pensioners
18/04/2012:
FNPF releases first batch of pension payout
05/04/2012:
OFFICE CLOSURE
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FNPF to help Flood affected members
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Pension Orders
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FNPF Unvalidated Pensioners Listing
23/03/2012:
Sustainability is Our Priority
29/02/2012:
FNPF to continue to validate to the end of March
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FNPF TO HELP FLOOD AFFECTED MEMBERS
01/02/2012:
FNPF Donates to PM's Relief Fund
25/01/2012:
Important Message
19/01/2012:
Overseas based pensioners
Dec
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09/12/2011:
Mobile Pension Counselling & Validation Sessions
25/11/2011:
FNPF announces Reform result
24/10/2011:
FNPF Annual Report 2011 Summary
15/09/2011:
Double Award for FNPF Intercontinental Hotel
13/09/2011:
FNPF & FRCA Sign MOU on Information Sharing
03/09/2011:
Sharing the Burden of the Pension Reform
02/09/2011:
New FNPF Nadi Agency Opens its Doors
16/07/2011:
FNPF clarifies Pension Reforms
01/07/2011:
FNPF declares 5.25% interest for FY2011
28/04/2011:
Outsourcing of Member Statement Processing
18/03/2011:
Unclaimed Deposits of Members Over 65 years
03/03/2011:
FNPF launched new SUPERTxt service
02/03/2011:
FNPF Members Receive Discount
01/01/2011:
FNPF members to pay own funeral expenses
Dec
Oct
Sep
Aug
Jul
Jun
May
Apr
Mar
Feb
Jan
25/10/2010:
Housing and Partial withdrawal policy changes
15/10/2010:
Notice of winding up petition
01/10/2010:
FNPF member behaviour survey
29/09/2010:
FNPF Customer Service Reform Pilot Projects
23/08/2010:
Notice - Former FNPF Tenants Refund
22/07/2010:
FNPF REFORM UPDATE: Sustainability is key focus
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EMPLOYERS WHO HAVE NOT PAID FNPF CONTRIBUTIONS
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Ref: 07/10 FNPF Re-Assesses Strategies for Momi
25/06/2010:
Are Your Contributions In Your Account?
25/06/2010:
EMPLOYERS WHO HAVE NOT PAID FNPF CONTRIBUTIONS
11/06/2010:
EMPLOYERS WHO HAVE NOT PAID FNPF CONTRIBUTIONS
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24/05/2010:
10 Days
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EMPLOYERS WHO HAVE NOT PAID FNPF CONTRIBUTIONS
14/05/2010:
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14/04/2010:
Annual Report 2008 Summary
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Attentions Employers: Suspense
19/02/2010:
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Ref: 03/10 FNPF BEGINS REFORMS
13/01/2010:
02/10 FNPF CLARIFIES REVIEW REQUIREMENTS
12/01/2010:
Approved Education Institutes
Jan
Dec
Oct
Sep
Jul
Jun
May
Apr
Mar
Jan
03/01/2011:
Partial Withdrawal Guidelines
17/12/2009:
Festive Season Closing Hours
07/12/2009:
No Agents
07/09/2009:
Suspense Listing
04/09/2009:
Public Notice
03/09/2009:
19/09 Miss FNPF wins Hibiscus 2009 Crown
01/09/2009:
Suspense Listing
28/07/2009:
Ref: 18/09 FNPF ANNOUNCES HIBISCUS CONTESTANT
14/07/2009:
Stage One Momi Fiji: Auction by first Mortgagee
08/07/2009:
Ref: 16/09 FNPF Undergoes Major Restructure
02/07/2009:
New FNPF Membership Cards
23/06/2009:
FNPF Rebranding Supplement
08/06/2009:
Ref:13/09 FNPF moves on Momi Bay Project
08/06/2009:
Ref:12/09 PM to launch FNPFs new brand
28/05/2009:
Ref:11/09 FUND OPENS A NEW BA AGENCY
04/05/2009:
Ref: 05/09 Suva Holiday Inn Declared Dividend
01/05/2009:
FNPF clarifies Narsey's Opinion Column
May
Jan
Dec
Oct
Mar
01/05/2009:
FNPF has new Board Chairman
01/05/2009:
Aisake Taito is new FNPF CEO
01/05/2009:
Fund suspends three senior officers
01/05/2009:
Ref: 01/10/08 Chand is new FNPF Board Chairman
01/05/2009:
FNPF declares six per cent interest for FY2008
01/05/2009:
Partial & Housing Withdrawal Guidelines
01/05/2009:
Ref: 18/12/08 FNPF guards investment portfolio
01/05/2009:
Board terminates top executives
19/12/2008:
Ref: 2912/08 FNPF undergoes rebranding exercise
18/12/2008:
Ref: 1812/08b FNPF appoints two executives
02/10/2008:
Ref: 02/10/08 GPH Tender
16/03/2008:
FNPF commits to resolving pay issues
May
01/05/2009:
FNPF pays out $128.94m to members
01/05/2009:
FNPF clarifies its investment in Natadola
Jun
28/06/2006:
FNPF declares 6.5% interest to members
Dec
Sep
Aug
Jul
Apr
Mar
22/09/2005:
FNPF to introduce medical scheme
15/08/2005:
Post Fiji and FNPF offer joint service
22/07/2005:
Grand Pacific Hotel redevelopment commences
11/04/2005:
FNPF pursues own health
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FNPF hosts Reps of Tonga Retirement Fund Board
31/03/2005:
FNPF education scheme
Aug