Media Releases

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Media Releases

The Fiji National Provident Fund is relying on the cooperation of members and employers for the timely processing of applications and payments for Phase Two of the COVID-19 withdrawal scheme.

With the first round of payments on 23 June, for members who are on leave without pay and those who are unemployed, the Fund is encouraging members and employers to submit applications through its digital platforms by Friday 19 June.

The second phase of the COVID-19 withdrawal scheme for members of the Fiji National Provident Fund now includes those who are on leave without pay.

Chief Executive Officer Jaoji Koroi said that while this phase was aimed at providing immediate relief for members who were genuinely unemployed, it has been extended to those who have been sent on leave without pay, due to the economic impact of the COVID-19 pandemic.

More than 7,000 Fiji National Provident Fund pensioners will receive a COVID-19 relief payment today,Tuesday 26 May 2020.

The payment, which ranges from $300 to $900, will be disbursed directly to the Fund’s active pensioners.

Chief Executive Officer Jaoji Koroi said the Fund was able to provide this one-off payment to pensioners,following amendments to the FNPF Act.

The Fiji National Provident Fund has processed majority of the applications that have been received for theCOVID-19 withdrawal scheme and has paid out $49.1m to 77,507 members to date.

Altogether, 86,854 applications were lodged. Close to 4,600 members will be paid out this week.

A total of 18,312 members were subsidized by the Government top-up, receiving more than $6.67m.

With more than $35 million paid for the COVID-19 relief withdrawals, the $31m paid by the Fund to date, is more than half of the total amount ($56.3m) accessed for early withdrawals (excluding housing) by members in 2019.

A total of 41,698 members accessed their own funds, while 12,443 members were assisted by theGovernment, with a payout of $4.2m.


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