One of the key components of the FNPF reforms in 2011, was the establishment of sub accounts for all members.
This led to the split in members’ accounts to two sub accounts – the preserved and general accounts.
Section 44 of the FNPF Act establishes two accounts for each FNPF member. This change was implemented on 1st November 2014 – with 70% allocated to the preserved account and 30% for the general account.
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