The Fiji National Provident Fund was established in 1966 to provide financial security for workers when they retire at age 55. The FNPF also provides for permanent incapacity, and survivors benefit in the event of death. These are the three main pillar benefits of the FNPF.
Over the years the Fund has evolved into a comprehensive scheme that provides a number of pre-retirement benefits to members such as home ownership, healthcare, and education.
The FNPF provides a special insurance cover in case of death, where the beneficiaries receive a sum of $8500 (1st July, 2008) as a special death benefit, in addition to the deceased's contribution.
The FNPF covers all employees who are Fiji citizens. An employee is anyone who has attained the age of 16 years, and is employed under a contract of service, either individually, or as a member of a group. A contract may be written or oral, expressed or implied. A worker has to be in employment for one day for contributions to be payable.
Over the years the Fund has evolved into a comprehensive scheme that provides a number of pre-retirement benefits to members such as home ownership, healthcare, and education.
The FNPF provides a special insurance cover in case of death, where the beneficiaries receive a sum of $8500 (1st July, 2008) as a special death benefit, in addition to the deceased's contribution.
The FNPF covers all employees who are Fiji citizens. An employee is anyone who has attained the age of 16 years, and is employed under a contract of service, either individually, or as a member of a group. A contract may be written or oral, expressed or implied. A worker has to be in employment for one day for contributions to be payable.