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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.

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.