News

FNPF member fund grew by $0.6b

November 25, 2018 4:10 am

The Fiji National Provident Fund has revealed that member funds have grown by $0.6 billion.

At its annual member forum in Labasa yesterday, Chief Executive, Jaoji Koroi revealed that member funds grew from $4.9 billion in 2017 to $5.5 billion this year.

In his presentation, he says this is a record achievement and is largely driven by employers submitting their contribution schedule online.

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The Fund’s total membership currently stands at 429, 936.

22, 041 registered in 2017 of this, 1,240 are registered under the voluntary membership scheme.